The correction has its continuation in weak form, moving down with minor updates of the previous low from Japanese candlesticks on the H4 chart. At the same time, we have a bearish component, but the price, having shown a fairly confident move to...
USD/JPY ANALYSIS 10 JULY 2024 In yesterday's trading session, the UsdJpy market was seen moving up with a small range and could test the resistance zone of 161.00. However, when the price reached that level, there was a downward correction with a...
Based on the analysis of the EUR/USD currency pair: 1. **Recent Breakout of Support:** The EUR/USD pair has recently broken below the support level at 1.0693-1.0715. This breakout suggests a bearish sentiment prevailing in the market, where selling...
Analysis of USD/CHF on H4 Chart: Current Situation and Trading Opportunities In the realm of forex trading, the USD/CHF pair on the H4 chart has recently been hovering around the 0.8975 mark, showcasing a period of indecisiveness in the market....
### Analysis of USD/CHF Price Activity #### Current Market Conditions The USD/CHF currency pair is currently trading at 0.8977. This position reflects a period of relative stability, but potential upward and downward movements could provide trading...