USDJPY Chart Review: Let's look at the price movement analysis of the USD/JPY currency pair and explore what insights we can gain from it. Considering the current wave pattern, the price of this pair can be predicted in several ways. The pattern...
USDCHF Short-Term Outlook: Let's take a closer look at the current price movement of the USD/CHF pair. On the H4 timeframe, a medium-term downtrend is dominant, as indicated by the descending channel in the indicator. However, an upward rebound is...
AUDUSD Chart Analysis: The AUD/USD has recently fallen, and while it was 0.71840 during the Asia time in Thursdays early trade, this is fixed to change. This was succeeded by a slight recovery towards the 0.71840 level, which shows that there was...
Here’s a combined technical and fundamental analysis for EURUSD on the H4 timeframe, followed by a trade setup summary. On the H4 chart, EURUSD is trading near 1.16869, having rejected the lower zone around 1.16771. The RSI(14) at 37.29 is just...
On the H4 chart, the 200 SMA line sits at 1.6000, representing the longer-term trend reference and a nearby resistance level just above current prices. The H4 50 SMA line is positioned at 1.6050, acting as a dynamic ceiling further overhead. On the...
