The Cable modestly strengthened against the US Dollar yesterday as traders positioned themselves ahead of key economic data releases. The pair was trading at 1.2666, eyeing the 1.2690 resistance level. While the pair has shown some resilience, its...
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USD/CHF ANALYSIS H4 Period Chart USD/CHF Let's consider the H4 period chart - USDCHF currency pair. The wave structure still retains its upward construction, however, there are weighty arguments that the upward trend has finally broken. The bearish...
EUR/JPY in fourth week of losses The short-term bias has shifted to the downside Next stop could be around 158.00 EUR/JPY is set for a fourth consecutive negative week, having retraced more than half of its September-October uptrend to reach the...
EURUSD I am returning to one of the senior timeframes again – H4, where I drew the corresponding horizontal lines, acting as support and resistance, a similar situation has been going on since mid-November. There is no clear signal for a breakout,...
