The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
The provided chart for EUROHE (likely EUR/USD) on an hourly (H1) timeframe shows a period of relatively stable price movement within a narrow range. The high, low, open, and close prices are 0.9392, 0.9382, 0.9384, and 0.9388, respectively. The...
The EUR/GBP pair remains trapped in a strong downtrend, with price action persistently trading below the key resistance level of 0.8288. As long as this resistance remains intact, the bearish outlook is expected to dominate market behavior, with...
TRADING CHART ON USD/JPY H4. Weak US economic news late last week made it harder for USDJPY to increase. The price has mostly dropped since Monday's market opening. The opening price of 152.34 was lower than both 152.78 and the EMA 50. When the...
The foreign exchange market is witnessing a dynamic interplay between safe-haven currencies and risk-on sentiments. With mounting speculation over the timing of the next rate hike by the Bank of Japan (BoJ), the traditionally secure Japanese Yen...