TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
In my opinion, the NZD/USD chart on the H1 timeframe reflects a dynamic yet structured market, offering several opportunities for traders who carefully analyze its movements. The pair's price action shows alternating periods of consolidation and...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
USD/CHF Technical Analysis: As of January 15, 2025, the USD/CHF pair is trading around 0.9169, showing a slight increase from the previous close. The Relative Strength Index (RSI) is at 63.576, which suggests bullish momentum right now. The Moving...
THE CURRENCY PAIR USD-CAD A bit more and it will touch the 200 moving average. Now if the bears push a bit, there will even be a breakout of the moving average, and then it will be possible to build a Fibonacci retracement to try to determine...