THE CURRENCY PAIR USD-CHF The bears continued to push the price down for the first two days. The wave structure that builds its order downwards and the MACD indicator that goes down in the lower sales zone and below its signal line are in favor of...
The EUR/USD pair on the hourly chart is showing signs of an uptrend after a previous period of consolidation and decline. The price has moved above key Fibonacci expansion levels, specifically the 61.8% and 100% levels, which suggests bullish...
The EUR/GBP pair has demonstrated a persistent upward trajectory, sustaining its bullish momentum for a second consecutive day and stabilizing around the 0.8290 mark during the European trading session. This stability followed the release of German...
Analyzing the hourly chart of the EUR/USD currency pair, it appears that the price has approached a recent resistance level at 1.05360. This is a crucial point where the price may either break out or pull back. The Relative Strength Index (RSI) is...
Analysis of USD/JPY Trading: Japanese Yen Weakness and the Impact of the Bank of Japan In the European session on Tuesday, the Japanese Yen demonstrated some weakness against the US Dollar, albeit the downtrend appeared to be sluggish. This behavior...