In my analysis of the USD/CHF currency pair, I've determined that I will only consider entering a sell position if the price rises to 0.9034. This level is significant for me as it offers a favorable opportunity to set a strong stop-loss level at...
Market Analysis Overview In the daily chart analysis, the wave structure is showing an upward trend. The MACD indicator is also in the upper zone and growing above its signal line. Since the beginning of March, prices have surged upwards...
The GBP/USD currency pair continues to exhibit a bearish bias as long as the price remains below the key resistance level at exactly 1.2968. Technical indicators suggest continued downside pressure, with the RSI positioned below the neutral fifty...
I observe that the pair is currently trading above key moving averages, signaling a potential shift in momentum following the breakdown of the prior downward trend. The emergence of a divergence on the indicator reinforces my view that a corrective...
The EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...