I observe that the GBP/USD daily chart shows a prolonged downward price channel that was active from October to February, characterized by consistent lower highs and lows. This pattern reflects sustained bearish sentiment during that period. I note,...
USD/JPY Well, we can only state the fact that USD/JPY obediently went to work out the targets below, as we prescribed it. In this case, you and I failed, since we did not dare to open a deal. We always wait for some greater reliability, and then...
The EUR/USD currency pair experienced a pullback on Wednesday, despite some upward momentum earlier in the session. A general improvement in market risk appetite put downward pressure on the US dollar, providing some support for the euro. However,...
THE CURRENCY PAIR AUD-NZD Today we will consider the chart of the senior period D1. The wave structure is mostly ascending; the trend, although not steep, is clearly ascending. The MACD indicator is now in the upper purchase zone and above its...
The US dollar is currently facing significant pressure, with strong target levels across major currency pairs frequently being tested and broken. This situation is particularly evident with USD/CHF. I rely on the Fibonacci grid to identify key...
