H-1 Chart Technical Outlook GBP/USD Comrade, where is the logic that the bottom could be 1.2485 because the pair has gone down 800 points, and that 1.2957 is in the middle of this range? I don't get it at all. In fact, the UK has ambiguous long-term...
The chart represents the hourly timeframe (H1) for the USD/CHF currency pair. From a visual perspective, the pair appears to be in a downtrend, as indicated by the lower highs and lower lows. The current price is hovering around the 0.8824 level,...
EUR/USD Today, EUR/USD is hovering around 1.0925, holding steady above the 50-day moving average. I’m noticing key resistance at 1.0950, which is both a psychological barrier and a recent intraday high. If the pair manages to break through this,...
The pair opened the week with a significant downside move on Wednesday, dipping back to familiar multimonth lows just above the 1.0400 handle. This decline reflects the continued market uncertainty over the future pace of rate cuts by the U.S....
Technical analysis of the USDCHF pair The pair price is trading in an important area now as the price faces resistance from the price channels that were previously broken during trading this week. The price also receives support from the bottom...
