The USD/CHF pair is currently trading at 0.8819 and is moving within a clearly defined channel on the chart. Recently, the price has bounced off the lower boundary of this channel, initiating an upward movement. However, it is currently facing...
EURUSD Technical Trading Analysis EURUSD is trading at 1.0905, approaching the key resistance level of 1.0948. The Zigzag indicator, which filters out minor price fluctuations to identify significant trends, shows that the pair has been in a gradual...
ANALYSIS OF NZD/USD PAIR. The NZD/USD 4-hour chart illustrates a strong historical downtrend, with the price consistently making lower highs and lower lows. The decline is evident from late September, with the 200-period moving average acting as...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, and the market has moved up; the trend line that helped push the price higher has been broken. The market price is currently between the support level at 1.2860 and the...
Good morning, what I see now is that the candlestick is still able to survive above the simple moving average zone of 100. The market condition if monitored from a 4-hour time frame can be said to be a stable trend moving towards the Uptrend side....
