Hello all, The USD/JPY currency pair on the H1 timeframe is currently showing strong bullish signs. One indication of this bullish trend is the price being stuck at the resistance level of 159.901. Previously, the price had corrected to the support...
The US dollar's recent gains against the Swiss Franc appear fragile in light of mixed US labor market data and potential policy shifts by both central banks. Despite a modest rise in the USD/CHF pair, underlying trends suggest a possible reversal....
Technical Outlook of EUR/ EUR/GBP Prices were dominated by a bullish move of 61 on Friday. The price rose from the open at 0.8314 to a high of 0.8375. This certainly provides a decent profit for buyers who open positions at low levels. This rise is...
Unlocking Profit Potential in USD/ CAD I am currently analyzing the price action of the USD/CAD currency pair. There are two scenarios: ascend significantly or decline deeply to the bearish direction, approximately 750-800 points from our current...
Certainly! Here is the expanded and rewritten articleespite my current bearish outlook on the currency pair, I am open to considering an alternative scenario should there be a decisive breach and daily candle closure above the 0.6766 level. This...