The current market structure reveals a pattern that suggests a potential shift in price movement. Although the overall wave structure seems to be forming a downward trend, recent technical indicators have started to suggest that a reversal may be on...
USD/JPY H1 chart I am looking at the dollar yen pair on the hourly chart. There was a downward trend channel here, then when the lower boundaries of the trend channel were broken, there was volume from the buyer. That is, the lower boundaries were...
USD/JPY. The USD/JPY currency pair price assessment. In the 4-hour time frame, the bulls are attempting to challenge the downtrend, but as mentioned earlier, this is still a correction rather than a reversal. The bears could resume control at any...
USD/CHF M30 chart We will be exploring the analysis of the USD/CHF currency pair's price fluctuations. Volatility remains prevalent within the tight range of 0.8376 to 0.8536. It's clear that once USD/CHF breaks out of this zone, more meaningful...
The USD/CHF currency pair continues to trade within a well-defined range, exhibiting a sideways trend. Given the principle that "the trend is your friend," it is likely that this rangebound pattern will persist for some time. Currently, the pair is...