To overcome these hurdles, a retest of the 1.0940 level is likely. Further gains could then target the 1.0980-1.1000 zone, a significant resistance area for traders. Conversely, if the euro falls below the 1.0814 support level, a breakout could...
The USDCHF has exhibited a sustained positive trend over the last three months when observing the daily timeframe, commencing from early February and extending through May's conclusion. On May 30th, a resilient bearish momentum accompanied the...
The USD/JPY currency pair is currently exhibiting a strong bullish outlook, suggesting a period of appreciation in the value of the US dollar relative to the Japanese yen. This bullish sentiment is driven by a combination of factors, including...
USDCHF H-1 (US Dollar / Swiss Franc). Let's analyze the instrument/currency pair on H1 time frame and find the most optimal trade entry to make good money on it. To conduct a competent technical analysis, we will first open a chart with a 4-hour...
The EUR/JPY currency pair has seen a recent decline to 170.30, but it's still holding steady above a key support level at the 20-day moving average of 169.22. However, there are signs that further upward movement may be limited. On the bigger...