EURCHF Daily Forecast The EUR/CHF pair is currently testing the lower boundary of an ascending channel that has been forming since late November. The pair recently encountered resistance at the 20-day simple moving average at 0.9425 and is currently...
Pipe Tops and Pipe Bottoms Candlestick Chart Patterns Candlestick chart patterns are widely used by traders to predict market movements. Among them, Pipe Tops and Pipe Bottoms are reversal patterns that signal potential trend changes. These patterns...
TRADING CHART ON USD/JPY H1. Here's a look at the USDJPY pair today, using the 1-hour chart. We're checking its price, which is about 149.46. We'll use technical and basic news to look at price levels where sellers might step in, around 150.34 and...
In Monday's early negotiation, the US dollar managed to gather modestly against Japanese Yen, although the movement has been somewhat restricted. Much of market hesitation comes from the growing optimism that Japan could eventually increase interest...
Silent Points about GBPNZD: At the moment, the GBPNZD market has closed at the 2.1970 level, indicating that sellers remain stronger. The current price action suggests a bearish sentiment, with market participants favoring short positions. The...
