#GBP/USD I wish you all a great mood! The slope of the linear regression channel on the daily chart is upward. For me, this is a sign of a strong buyer in the market who is pressuring sellers, and there is room to buy. I may be wrong, but since...
Core Points about USDCHF: When analyzing the USDCHF market from a technical perspective, it appears that the price may move upward. The market structure indicates bullish potential, supported by key technical indicators such as moving averages,...
Horizontal Line A horizontal line in Forex trading is a key tool used in technical analysis to identify support and resistance levels. Traders use this line to mark price levels where the market has historically struggled to break through, either...
As I continue to evaluate the senior timeframes of the traded pairs, I find myself focusing on the USD/JPY pair, particularly on the daily timeframe. I observe that the chart for USD/JPY does not present a clear, logical, or definitive trend at the...
THE CURRENCY PAIR EUR-USD I read analytical forecasts that the market has revised its expectations for the Fed rate and is expecting the first reduction at the June Fed meeting. Previously, expectations were for autumn. Hence the dollar's decline...