GBPCHF H1 Today, I was slapped by the fact that EURAUD was moving bearish instead of bullish. Again, the technical analysis that I relied on yesterday gave an unfavorable signal. It seems that the market is still dominated by sellers who are pushing...
Today, we might see a breakdown of the 1.0739 level, signalling a buying opportunity. A breakdown and confident consolidation above the 1.0744 mark would confirm further growth in the medium term. If the exchange rate breaks and consolidates above...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...
The US dollar, which had previously experienced some weakening, recovered losses against its counterparts after the FOMC announcement. The decision to hold rates steady signaled confidence in the US economy's resilience amid global uncertainties....
USDCHF H4 alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the...