Good afternoon KanggoFX, in the last weekend's trading period there was a bearish rally carried out by sellers, opening up opportunities for the continuation of the Downtrend, making the price condition continue to experience a stable decline....
On Friday, USD/CHF traded in favor of sellers as buyers failed to break the resistance level of 0.8609. Technical analysis on the 1 hour chart signals further bearish potential. The decline will continue until Monday, with the bears aiming to push...
EUR/JPY Technical Analysis Good evening. The EUR/JPY was bearish last week because. Looking at the 4H chart price trend downward well below the 14-period simple moving average trend line and again looking at the last 6th 4H candle of last week which...
While observing the forex pair on the four-hour chart, I noticed the prevailing downtrend in the British Pound against the American Dollar. My analysis of recent price action and technical indicators suggests continued downward pressure in the short...
Current Trends in the AUD/USD Currency Pair: A Bearish Outlook The AUD/USD currency pair has been trading sideways around the 0.6572 level, with the market dominated by bearish sentiment. This is well supported on the downside by the strong US...
