GBPCHF Have a great day everyone! The slope of the linear regression channel is up on the M15 chart. Which indicates the strength of the buyer trying to grow to the level of 1.12571. Upon reaching the target, the movement will slow down. Due to...
H-1 Chart Technical Outlook USD/CHF USD/CHF H1. The pair is trading above the daily opening level of 0.8820 and above the daily pivot level of 0.8826. Key indicators point north and the price is above the MA72 trend line, where volume unloading...
XAU-USD PAIR REVIEW Although the price has been under pressure since morning, this afternoon's conditions have entered the daily re-entry buy area, right around the MA5/MA10 Low demand line. This could stop the seller's pressure and trigger a...
The Australian dollar is in negative territory on Monday. In the European session, AUD/USD is trading at 0.6491, down 0.26% on the day. Australian retail sales up 0.6% Australian events started the week strongly as retail sales came in higher than...
Technical analysis of the GBPUSD pair On a daily chart, the price starts with a bearish candle after facing resistance from the monthly pivot level of 1.2755. Today is the beginning of trading for a new month, so the monthly pivot levels have been...