H-1 Chart Technical Outlook USD/CHF USDCHF market situation. Using data from the Fibonacci grid, the market quote of 0.84977 falls within the range between the Fibonacci levels of 100 (0.85091) and 50 (0.84874). To understand construing the...
Let's analyze the currency pair chart of GBP/USD using time frame D1. The GBP/USD currency pair has entered a gradual downward correction. You believe the price can only retrace 50% of the previous wave, rather than dropping to 61.7% or 76.3%. The...
The EUR/USD daily chart demonstrates a strong bullish trend that began in early 2024, with the pair climbing from support levels near 1.0600 towards the psychological resistance at 1.1100. This uptrend has been marked by multiple tests of support...
The USDCHF currency pair is currently experiencing a significant bearish trend on the H1 (one-hour) timeframe. Recent price movements reveal a consistent pattern of lower highs and lower lows, which signifies ongoing downward momentum. In technical...
NZD/USD The New Zealand Dollar tried to continue its growth last trading week but still moved in different directions without much change. The price managed to bounce off the support and rise to the 0.6082 level but then made a sharp turn and fell...