The euro is hitting support once again, it will likely retrace back due to resistance. Happy trading.
The British pound (GBP) may return to the previous trendline and use it as support, which means that the price of GBP has fallen to a level where it has previously found support and bounced back up. The trendline is a line that connects two or more price points and is used to identify the direction of the trend. When the price falls to the trendline, it may be...
pretty confident in this trade, we will se it regrade back to the previous broken support and continue upward!
The USD/PLN currency pair is currently hitting a crucial support level, signaling a potentially significant opportunity for those looking to capitalize on the market's movements. This announcement brings with it a multitude of possibilities for traders seeking to enhance their portfolios and make informed trading decisions.
Attention traders and investors: We would like to announce a potential short opportunity in the EUR/CHF currency pair. The recent market analysis suggests a bearish outlook for the Euro against the Swiss Franc. Factors such as economic indicators, geopolitical developments, and monetary policy decisions have contributed to this analysis. However, please conduct...
Showing signs of resistance and pivoting downward. Signs of reversal!
CHFJPY has been showing signs of weakness recently, with a notable downward trend in its price action. The Swiss franc (CHF) has been experiencing some pressure due to concerns over the country's economic growth prospects and a cautious approach from the Swiss National Bank. At the same time, the Japanese yen (JPY) has seen increased demand as a safe-haven...