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,...
EUR/JPY As of today, EUR/JPY is hovering around 161.80, moving within a tight range. The key resistance stands at 163.25, while immediate support is at 161.60. The overall trend has been bullish, but I’m seeing signs of a possible bearish reversal....
GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
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...
Good evening traders I hope you are all doing good. The market has shown that a simple reversal is unlikely. Technically, the key levels have been tested, and the crowd has been shaken out. We’ve seen growth, but it’s cleverly disguised as part of...