The USDCHF currency pair is showing a pronounced bearish trend on the H1 (one-hour) timeframe. Recent price action demonstrates a clear pattern of lower highs and lower lows, which is indicative of ongoing downward momentum. In technical analysis, a...
EUR/USD Price Tendency The analysis of EUR/USD’s price behavior is currently my topic. Yesterday, we saw strong movement on the EUR/USD pair's H4 time period in both directions, with a noteworthy decline nearing the U.S. session. A crucial event...
EUR/USD D1 chart Despite this uptick, the Euro has faced challenges in its recovery efforts. This is surprising given the recent Eurozone preliminary Harmonized Index of Consumer Prices (HICP) data for July, which showed an unexpected rise to 2.6%....
Bitcoin Technical Analysis According to a CryptoQuant analysis, Bitcoin (BTC) fell below $60K on Friday after a short period of investor profit-taking. Meanwhile, an increase in BTC options open interest (OI) indicates that traders are hopeful about...
The AUD/USD daily chart highlights a period of significant volatility and range-bound trading throughout most of 2023, with the pair oscillating between major support near 0.6400 and resistance around 0.6900. This range is characterized by multiple...