Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. Currently, market prices are falling. The Down trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
have consistently avoided buying USD/CAD since the pair consolidated above 1.3978, focusing solely on potential selling opportunities. I recognize the pair’s volatile nature, which has required careful monitoring of strong technical levels and...
Technical Analysis of GBP/USD Current Market Sentiment At this stage, I am not inclined to rush to conclusions regarding the GBP/USD currency pair. It’s essential to analyze the technical aspects before any trend reversal towards the north. For me,...
USD/JPY Price Reaction The USDJPY currency pair with the M15 timeframe already has a good signal, it's time to do an analysis. The decline in the price of USDJPY is lower than the support, indicating that sellers have dominated the market. The...
GBPUSD GBPUSD outlook: The GBPUSD pair remains under pressure due to a combination of factors, including the strength of the U.S. dollar, the Bank of England's cautious stance, and ongoing concerns about the UK's economic growth. The pair is trading...
