According to USD/CHF yesterday, buyers tried to correct the price in the northern direction, but without reaching the maximum of the previous daily range, a reversal occurred and a candle was formed. Which is directed south. Today, in the Asian...
USD-CHF PAIR ANALYSIS On the daily basis there is, of course, bullish absorption, but I still look at 4H and at the moment we are seeing a retest of the moving EMA50 at the level of 0.8905, which is currently playing the role of support. A rebound...
EUR/USD H-1 Good day, traders! From the chart we see that selling a currency pair is more justified than buying. The moving average went above the price and confirmed the strength of sellers. Crossing the zero mark from bottom to top of the MACD...
GBP/USD Analysis There will be a strong Friday session for GBP/USD. The European market session is when important UK data is expected, and the US Purchasing Managers Index (PMI) activity surveys are scheduled to conclude the trading week. This week,...
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 support...