Currency pair GBPUSD - H4 period chart. The wave structure is built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price moved little. They made a...
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USD/CHF Outlook Good Morning guys! The USDCHF market is currently in a bearish scenario, indicating that sellers are maintaining control over the price movement. Yesterday, US news events were not very helpful for buyers of USD/CHF, leading to a...
General Points about GBPAUD: The GBPAUD market showed strong bullish momentum as it reached the 1.9854 level on Friday. We observed that the GBPAUD market reached the 1.9854 level on Friday, reflecting the dominance of buyers despite various...
The market, in my view, is not governed by fundamental analysis but rather by technical analysis, where price movements are driven from one level to another. While fundamentals do have an impact, I believe their influence is more pronounced in force...
