I believe the bears are firmly in control of the yen, as the recent price action clearly demonstrates. I observed that the bulls attempted to push the price back above the 200-day moving average but failed, which provided the bears with an...
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This is a 1-hour candlestick chart for gold, likely from TradingView. Let's analyze it in detail. Key Observations: Support Resistance Levels: The red horizontal lines indicate resistance zones where price previously struggled to break above. The...
EUR/USD Technical and Fundamental Analysis Technical Analysis In the H1 timeframe, the EUR/USD pair is in a strong uptrend, making higher highs and lows. The market structure is currently in a buying phase, confirming the upward momentum. The main...
USD/CHF As of today, USD/CHF is trading around 0.8971, showing a slight uptick. The pair has been gaining momentum, and from what I see, the technical and fundamental setup favors further upside. Technical Analysis: USD/CHF recently broke above a...