In the daily time frame (TF Daily), the market has entered the early phase of a bearish trend, with the price moving below the 200 MA (blue). The next bearish targets are at the support levels of 1.0722, 1.0660, and 1.0600. Sales transactions can...
Good morning. In general, if you look at the older halves, there is not much activity in the Pound yet. I thought that yesterday’s inflation data would revive the market, but even the reduction in inflation did not find a response in the market. It...
USD/ CHF: The Power of Price Action Our conversation aligns with the ongoing live evaluation of the pricing of the USD/ CHF currency pair. I wonder why the franc is strengthening against the US dollar since I didn't find anything in the media on...
The price is currently exhibiting behavior that aligns with a broken channel retest pattern. This technical formation often indicates the potential for a continuation of the existing downward trend. Traders and analysts closely watch for such...
EUR/ USD Price Move We will discuss the price action analysis of the EUR/ USD Currency pair today. In today's early trading, the EUR/USD pair received support at 1.0708, with the current market price at 1.0739. Technical indicators suggest an upward...