The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
The USD/CHF currency pair recently exceeded the critical resistance level of 0.89834 that market analysts had been closely monitoring. This level, long anticipated as a pivotal point in the pair's movement, was breached amidst heightened market...
Analyzing the current situation of the EUR/JPY pair, which is at 172.26 with a bearish trend, suggests a potential for significant market movement in the coming days. Understanding the underlying factors driving this currency pair is essential to...
Yesterday, the EUR/JPY currency pair demonstrated a significant movement following its interaction with a key support level. According to my technical analysis, this support level is precisely situated at 171.588. Initially, the price action saw the...
The EUR/USD currency pair is currently under scrutiny due to its ongoing price action, which has shown a notable pullback. At present, the pair is trading at 1.0769. This movement has attracted the attention of traders and analysts who are closely...