The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
This past week, I observed a clear decline in the market, with Monday, Tuesday, and Wednesday forming a range-bound movement. However, on Wednesday, I noticed the beginning of a decline that pushed the price toward the support level of 189.812. I...
Last week, I observed a decline in the price, which broke the support level at 1.43284 and closed near the next support at 1.41117. I noted that the price did not test the support level below this point, which led me to prioritize a further decline...
PAIR REVIEW USDJPY Hello! The pair continues to show a downward trend here. When it was trading near resisting 157.512, the seller was gaining volume here and I assumed the pair would decline downwards. The support of 156.285 was broken, there was a...
XAUUSD Weekly Technical Analysis Gold (XAUUSD) has been in a strong uptrend, currently trading around $2937. The market has shown impressive bullish momentum in recent weeks, reaching new highs. The weekly RSI stands at 75.89, indicating that the...