Technical Analysis EUR/USD D-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains below 40, highlighting a bearish stance. On the downside, 1.0290-1.0300 (23.6% Fibonacci retirement of the latest downtrend, round number...
Weekly Analysis of GBPJPY: Chart Patterns and Trading Strategies Forex trading offers a plethora of currency pairs, each with its unique characteristics. Among these, GBPJPY stands out due to its distinct chart patterns that can lead to consistent...
USD/CHF is at a pivotal juncture, with price action revolving around the critical pivot level of 0.9085. This level serves as an inflection point, determining whether the pair will continue upward toward 0.9135 and 0.9155 or experience a bearish...
USD/CHF has entered a phase of technical indecision, where the battle between buyers and sellers revolves around the critical pivot level of 0.9085. This price point acts as a defining threshold, separating potential upward momentum from a possible...
Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
