Hello. For the Euro, buyers were not allowed to consolidate above the 1.05 level, and in general, sellers can try to move the price further down along the older downward trend. The first target for the development of the fall is the 1.04238 level,...
AUD/USD Price Reaction The AUD/USD hourly chart shows a significant uptrend over the past few sessions, with the price currently trading at 0.6291. After hitting a recent high near 0.6340, the pair has entered a corrective phase, indicating a...
USD/JPY builds on the overnight bounce from a six-week low and regains 155.50 in Tuesday's Asian trading.Softer Japanese service-sector inflation data provided extra legs to the pair's recovery. Moreover, US President Donald Trump's tariff plans-led...
USD/ CHF Price Activity The analysis of the USD/ CHF currency pair's price action will be the main topic of our conversation. The fact is that on the H4 chart, the pair's quotes at the moment have looked a little beyond the inclined resistance. But...
The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...