Analyzing USDJPY through Fibonacci numbers provides a structured method for identifying trading opportunities and forecasting price movements. By applying a Fibonacci grid to yesterday’s trading data, you can pinpoint crucial levels for technical...
USD/CHF H-1 On the H1 chart, the instrument - USDCHF, is traded under the trend line, which confirms the strength of the downward movement. At the moment, the price is at the impulse Minimum - 0.878, which gives a good opportunity to get into...
USD/CHF H-1 Yesterday you recommended buying USD/CHF and I am looking for opportunities to sell. In the end, I gained nothing and the francs brought you no profit. Today we will try to put the "stubborn" franc in the saddle. So I can't shake the...
**EUR/JPY Market Analysis - August 6, 2024** As of August 6, 2024, the EUR/JPY currency pair presents a strong sell signal amid a pronounced downtrend. The recent breach below the crucial support level of 164.94 highlights a bearish trend,...
NZD/USD Technical Analysis on H1 Time Frame Based on the technical analysis of the NZD/USD currency pair on the H1 timeframe, entering the market with a sell position appears to be a sound strategy. Here are the key reasons why short trades seem...