Greetings! It might be prudent to wait and observe how the price moves within the current range before making any decisions. Specifically, we need to monitor for a potential break of the resistance level at 162.60 or the support level at 161.70. At...
USD/CHF D1 chart A pivotal point to watch is the 0.89500 level. Breaking this support level would significantly bolster the bearish outlook and facilitate a smoother path toward the primary target of 0.89536. The breach of 0.89500 is essential as it...
EUR/AUD H-4 TIME FRAME CHART. EURAUD, four-hour chart. On the four-hour chart, so far everything is pointing to a decline. The key word is "so far"... Although average prices are also falling. As expected, the younger moving average is lower than...
Hello all, The USD/JPY currency pair on the H1 timeframe is currently showing strong bullish signs. One indication of this bullish trend is the price being stuck at the resistance level of 159.901. Previously, the price had corrected to the support...
GBP/USD ANALYSIS The weakening outlook of the US Dollar currency was well utilized by buyers to support the rally in the GBPUSD pair. It can be seen that the price is still moving up after successfully passing the Kumo cloud last Tuesday. The price...