USD/CHF Approaches Critical Resistance Level The USD/CHF pair is currently positioned near a significant resistance level after navigating a narrow trading range. Over recent sessions, the market has accumulated considerable buying liquidity,...
The world of cryptocurrency remains dynamic, with Bitcoin frequently testing critical support and resistance levels. Recently, Bitcoin's price has faced considerable resistance at the 61.8% Fibonacci retracement level, currently positioned at...
EUR/USD Technical Analysis on the 4-Hour Chart Yesterday, bearish sentiment prevailed in both the EUR/USD and GBP/USD currency pairs on the daily charts, as evidenced by the formation of dark red candles. This created a ‘Bearish Engulfing’ pattern,...
USD/ZAR USD/ZAR (US Dollar / South African Rand). Let's analyze the instrument/currency pair on the H1 timeframe and look for the most optimal entry point to make a good profit. To conduct a competent technical analysis, let's first open a chart...
EUR/USD Currency Pair Analysisossible Outcomes and Key Levels to Watch In the charts, the EUR/USD currency pair is approaching the end of its recent correction, with a probable upward breakout on the horizon. Therefore, I fully support a bullish...