Currently, the market appears to be preparing for its next leg, and price action is consolidating in a narrow range. If bullish momentum builds up from oversold Stochastic RSI levels and breaks above the 9-SMA, we could see a bullish scenario...
GBP/USD MARKET ANALYSIS If analyzed from the H4 timeframe, the candle is still around the level of 1.3314. In today's trading session, the GBPUSD currency pair opened from the price level of 1.3251. In last night's trading session, there was still...
USD/CHF Outlook Greetings and Good Morning, guys! I prefer a buy position on USD/CHF with a short target of 0.8200 with a weekly chart. Also, the US Unemployment rate can help the buyers to remain stable today and tomorrow. Also, even a few seconds...
CHFJPY Daily Outlook The CHFJPY pair rose slightly on Thursday and is currently trying to break above the 20-day simple moving average at 172.50. This modest recovery follows a 2.5% decline over the past ten trading days, indicating that markets are...
The GBP/USD pair is currently forming a classic harmonic structure known as the Gartley pattern, which is widely used in technical analysis due to its high accuracy in identifying potential reversal zones. What is the Gartley Pattern? The Gartley...
