H4 Trading Chat On GBPUSD: Let's look at the chart of the H4 period - the GBPUSD currency pair. The wave structure here began to build its order downward, the MACD indicator is in the lower sell zone. If you overlay the target Fibonacci grid on the...
The EURCHF pair has been experiencing a persistent downward trend in its price movement recently, with a notable attempt to breach the support level (S1) at 0.9633. Traders and analysts have closely monitored these developments, observing multiple...
The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index, and the leading economic indicators index led to a surge in volatility, but that was...
The euro has been on a tear against the Japanese yen, climbing for six days straight. It's not quite at its peak for the year, set back in April, but it's getting close. Right now, the exchange rate is hovering around 171.29 yen to the euro, which...
The AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to...