For the GBP/USD currency pair, consider selling from the levels of 1.2650 and 1.2580, as the hourly timeframe shows the pair trading below the moving average, making sales more relevant. Even 1.2670 could be considered, with a stop-loss at the level...
USDCAD D1 Analysis Market Overview The USDCAD pair is currently displaying a strong uptrend on the D1 timeframe. Price action has been consistently forming higher highs and higher lows, indicating a sustained upward momentum. Support and...
My last plan was a decline, and this decline was planned from the current level. It was partially achieved, but our target was not reached and went beyond the short stop-loss of sellers. Here you can also draw a wedge pattern and see that the...
**AUD/JPY Technical Analysis for August 2024** **Overview:** Today's analysis focuses on the AUD/JPY currency pair, evaluating its future price movements. The pair recently saw a push to the 97.53 level by buyers before bears took control. Over the...
EUR/CHF H_4 EURCHF. Four-hour chart. Hello, Phantom! I added the trend lines at the upper and lower extremes to the four-hour chart on the last wave and got a bullish pattern. That may be, on the one hand, completing the entire wave structure, or it...