The price dynamics of USD/CHF are analyzed using various technical indicators. The Relative Strength Index (RSI) does not show overbought or oversold conditions, indicating potential for upward momentum if the index stays above 50. Noticeable zigzag...
USD/JPY To better understand USDJPY, we first determine the main trading range, which for the last month has been 157.59-154.58, and this is exactly between the start level of the Bank of Japan’s last intervention and the closing level of this...
On the daily chart for the British currency, we observe a clear signal to sell. Let's delve into the details of this analysis to understand the underlying factors contributing to this conclusion. The pound/dollar (GBP/USD) pair has been trading...
Trading Wisdom: USD/ JPY Prices I am currently assessing the dynamic pricing behaviour of the USD/ JPY currency pair. USDJPY on the H4 chart is poised to continue its upward trajectory. The price remains above the upper boundary of the Ichimoku...
GBPUSD: Since the start of the trading session on Monday, the GBP/USD currency pair has exhibited bullish conditions. Throughout this period, the price has fluctuated within a relatively narrow range, yet the dominance of buyers has been evident....