The pair traded near the support at 1.41535 with a selling volume present. I anticipated the pair would move higher towards the resistance at 1.43655. Another selling volume appeared. I expected the pair to move lower. Ultimately, there was an...
The long lower shadow candlestick pattern is a valuable tool in a technical analyst's arsenal. It offers insights into the underlying battle between buyers and sellers, potentially signaling reversals or continuations of current trends. This...
USD/JPY Market Update: Key Levels and Influencing Factors – March 24, 2025 Economic Outlook and Influencing Factors The USD/JPY currency pair has seen some interesting developments lately, with Japan’s economic data adding pressure on the Yen. The...
GBP/USD Market Analysis *Still bearish opportunity The GBPUSD currency pair is still in accordance with the previously prepared plan, the potential for a decline is still considered relevant coupled with the change in the trend line which is now...
Technical analysis 24 March 2025 USD/CHF D-1 Greetings, dear forum members and colleagues. The key situation for pricing our currency pair, the US dollar and Swiss franc, is the daily hourly period. You can see that we had a double bottom mark of...
