Yes, buyers still cannot approach the level of 1.06091, and this level must be broken through to be able to count on the development of further growth, since its breakout will provide a good breakdown of the descending structure. But for now we...
Forecast of Crude Oil Crude oil crossed the moving average lines to the upside and changed the trend direction on the H1 and H4 time frame charts, indicating that the price of the commodity rose significantly and firmly yesterday. I tracked the...
USD/CHF Today, USD/CHF is trading around 0.8830, stuck in a consolidative range after failing to push past the 0.8850 resistance level. On the daily chart, the pair remains in a descending channel, which keeps the medium-term outlook bearish....
GBP-JPY PAIR FORECAST If analyzed from the 4-hour time frame, it can be seen that since the candlestick failed to penetrate the support area at the price of 188.00, after that the GbpJpy pair has not continued its decline. On the contrary, now its...
The EUR/JPY H4 chart indicates the market price is in a downtrend, guided by a descending trendline. The price recently broke below the support area, driving it lower. However, it has now reclaimed the 157.90 resistance level, which could be a new...