Recently, there was a notable breakout of sellers when the price rose above the 2330 mark. This breakout was significant because it indicated a potential shift in market sentiment from bearish to bullish. However, the excitement was short-lived....
NZD-USD PAIR MOVEMENT Last night's news regarding USD had an impact on price movements in the Kiwi pair. Initially the price had succeeded in entering the down trend again, but last night the price which had penetrated the EMA 633 H1 had to be...
Analysis of the USD/CHF Pair: The USD/CHF pair is trading close to the day's opening level of 0.8935 and above the daily Pivot level of 0.8957, where a decrease in volume typically occurs. On the H1 chart, if the price remains above the 0.8928...
The 1-hour chart currently indicates an upward trend within the linear regression channel, signaling strong buying interest as traders aim for the 1.2690 level. This movement suggests a favorable opportunity to buy, given the positive market...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...