Hello everyone. Pair EUR/USD: After a strong upward move towards 1.1008, the uptrend remains intact. On the M30 timeframe, the beginning of a downward retracement to the south has been identified, and the first significant sign of the seriousness...
Analyzing USDJPY using Fibonacci numbers offers a structured approach to identifying potential trading opportunities and forecasting price movements. By applying a Fibonacci grid to yesterday's trading day, we can pinpoint key levels for analysis....
EUR/CHF H_1 #EURCHF H1 Euro/Swiss Franc. After analyzing the behavior of the currency pair on the hourly timeframe, I consider it quite logical to enter the market to sell. Why do I conclude short trades seem more likely to me at the moment? My...
USD/CHF technical Over time, the US dollar's market power has declined, and the daily chart has created a bearish pattern of fluctuations, which indicates a new market scenario. In Friday's price movement, the price ranges between 0.8520 and...
The GBP/USD exchange rate decreased by 90 basis points on Tuesday. The wave structure of the GBP/USD pair remains quite complex and ambiguous. For a while, the wave pattern looked quite convincing and suggested the formation of a downward wave set...