Hello most respected traders, the USD Index closed with a bullish trend, rising from 104.81 to 104.93. It is currently testing the 105.18 level. Yesterday, it attempted but failed to break the 105.30 resistance level. This indicates that while the...
GBP/USD Hello everyone who is awake! I continue to analyze GBP/USD, now on the weekly timeframe! At the time of day, I wrote about the fact that the price will continue to decline, a bearish trend is gradually forming, the price has already entered...
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...
I fully admit that yesterday’s accumulation will result in a sharp northern exit. As I have said many times, I plan to monitor the resistance level at 79.96 or the resistance level at 80.62. Near these resistance levels, two scenarios can unfold....
EUR/JPY: The EUR/JPY pair remains bullish, with the broader uptrend still intact, underpinned by robust support levels. The support zone positioned around 169.00-170.00 is expected to hold firm against any significant downward pressure, while the...