Generl points about CHFJPY: If we look at the CHFJPY market from a broader perspective, we can see that it is following a bearish trend. This pattern indicates that selling pressure is dominating, and market sentiment is tilted toward further...
Technical analysis of Silver I was doing silver technical analysis today and the silver market open interest is falling which is helping the price down. The market closed above the support level and rebounded after rejecting the major support level...
GBP/USD Technical Analysis and Sentiment Review The GBP/USD market is currently in a downtrend. Today, it rose to 1.23425 but encountered resistance and started to decline. It is currently trading at 1.22759, showing bearish momentum. On the hourly...
GBP/ USD Price Action Let's analyze the current price behavior for the GBP/ USD currency pair. This week, sellers have dominated, evident from the rapid decline. If we look closely, we will see that the chart has found support in the areas of...
AUD/USD Analysis: Current Market Condition and Key Levels As of Thursday, the AUD/USD pair is trading around 0.6220 and is attempting to break above the descending channel on the daily chart. A successful breakout from this channel could weaken the...