Buyers of the Euro continued to develop the upward movement yesterday and managed to break through the level of 1.09364. This gave another very strong breakdown of the downward structure and a signal for the continuation of the upward movement in...
USDCHF Daily Outlook The USDCHF pair has seen a significant change in its market structure, moving from a well-defined ascending channel to a bearish correction phase. Initially, the pair maintained a strong upward movement, recording higher and...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, and the market has moved up; the trend line that helped push the price higher has been broken. The market price is currently between the support level at 1.2860 and the...
The EUR/JPY currency pair experienced a sustained upward trajectory, marking its second consecutive day of gains and trading around the 161.60 level during Wednesday's Asian trading hours. This bullish momentum was primarily fueled by a weakening...
ANALYSIS OF NZD/USD PAIR. The NZD/USD 4-hour chart illustrates a strong historical downtrend, with the price consistently making lower highs and lower lows. The decline is evident from late September, with the 200-period moving average acting as...