TRADING CHART ON USD/CHF H4. The USDCHF currency pair has shown little progress in its price pattern over the past three weeks. The price has been oscillating between the resistance level of 0.8548 and the support level of 0.8421, without making...
The US dollar has seen a strong bounce from a key uptrend line, especially around the 140 yen level, an area that has proved significant several times in the past. Last week, while the Federal Reserve introduced a 50 basis point rate cut, the Bank...
GBP/USD DAILY MARKET ANALYSIS. Hi all friends, for this afternoon I will try to analyze the GBP/USD currency pair. The pattern that is formed right now is bearish as price divergence causes it against the stochastic indicator and I will try to see...
TRADING CHART ON NZD/JPY H4. The NZDJPY exchange rate's downward momentum failed to reach the support level (S1) of 85.85, stopping at a low of 86.24. The price then rebounded and consolidated around the pivot point (PP) of 87.11. Soon after,...
Gold: Key Patterns and Signals The subject of our conversation pertains to the current study of the Gold pricing movement assessment. We recently broke through the rising wedge to the upward side, but no significant movement has occurred. The market...