Since October of the previous year, the USD/CHF currency pair has experienced a significant uptrend, with the U.S. dollar appreciating by over 9% against the Swiss franc. This movement reflects a broader trend in which the dollar has strengthened,...
The Australian dollar began the session with a lower notable gap, but the merchants quickly raised the prices up to fill that void. This movement has put the 50 -day exponential mobile average (EMA) in an acute approach, since it is now around the...
USD/JPY has shown strong price action around the 151.80 pivot level, reinforcing the possibility of an upward movement of 69 to 134 pips, with targets at 152.85 and 153.50. The presence of a firm support base at 151.80 indicates that buyers are...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
