A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
Technical Analysis of Gold (H1 Timeframe) The price of gold on the H1 chart shows a recent uptick, opening at 3304.34 and closing at 3318.98, with a high of 3319.23 and a low of 3303.94. This indicates mild bullish momentum, as the price managed to...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
USD/CHF Technology Outlook H-4 Chart The correction of USDCHF continued last week, which was generally expected after such a fall from 0.0885. But on the daily chart it is clear that this correction made up almost half of this fall wave, and the...
Technical analysis 27 April 2025 w-1 Chart USD/CHF H-4At the time of writing this post, the USDCHF currency pair, on the weekly chart, is showing a southern correction and is at the position of 0.82754. The indicator of the InstaForex company,...
