I am currently analyzing the US dollar/Swiss franc (USD/CHF) pair on the four-hour chart, and I see that there was an opportunity to enter a sell position at 0.90506. However, I chose not to take the risk at that moment because I anticipated that...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
The trend line is one of the most important technical analysis tools that a trader can rely on in analysis and in determining entry and exit levels from trading. The trader needs to perform technical analysis to determine the general direction of...
I believe that the recent price movements in the XAUUSD pair are primarily driven by profit-taking, followed by renewed buying interest, which sustains the upward momentum. I observed that on Thursday, the price updated its maximum again, and I...
GBPUSD Technical Analysis and Market Outlook The GBPUSD pair closed yesterday’s trading session at 1.26315, reflecting a cautious market sentiment amid mixed economic data and global macroeconomic developments. As we look ahead to Monday’s market...