The EUR/USD 4-hour chart presents a clear downtrend, with the price now trading at 1.08926. After peaking in late September around the 1.12000 region, the pair has faced significant bearish pressure, breaking through multiple support zones and...
USD/CHF OUTLOOK ANALYSIS: On the USD/CHF H4 time frame. USD/CHF is trading around 0.8624, showing some interesting dynamics in recent price movements. From a technical standpoint, the pair has experienced a shift in momentum over the past few weeks....
General Points of Yellow Metal: We have observed that the XAU/USD market has been consistently moving upward and has risen significantly. Last week, during the FOMC meeting, it dipped, but buyers have successfully strengthened their positions since...
Silent Points of GBPUSD: In the coming days, the UK CPI rate, Claimant Count Rate, and UK Retail Sales Rate could strengthen buyers. On the other hand, the US Unemployment rate, Retail Sales, FOMC member meetings, and Fed Funds Rate also hold...
Wedge chart patterns Wedge chart patterns are something I’ve come across frequently in technical analysis, and they’re great for spotting potential trend reversals. There are two main types I focus on: the falling wedge and the rising wedge. ...