USD/CHF Technical Analysis: Downtrend Likely to Continue

by ForexCycle.com | July 25, 2024 4:41 am
The USD/CHF pair has recently shown some interesting price action that suggests a continuation of its downward trend. Let’s break down the key levels and potential scenarios for traders to watch. Recent Developments Key Levels to Watch...

EUR/USD Technical Analysis: Short-Term Bearish Trend Likely to Continue

by ForexCycle.com | July 25, 2024 4:23 am
On Wednesday, the EUR/USD pair showed interesting price action that could indicate a potential continuation of its recent downtrend. Let’s break down the key levels and possible scenarios: Recent Price Action This pattern suggests that after a...

GBP/USD Analysis: Recent Surge and Future Outlook

by ForexCycle.com | July 24, 2024 12:30 pm
The GBP/USD pair has experienced a significant rally over the past two weeks, reaching a high of 1.3044 last Wednesday, the highest level since late July last year. However, the pair has since pulled back, currently trading...

USD/CHF Technical Analysis: Testing Key Resistance Levels

by ForexCycle.com | July 23, 2024 11:57 pm
The USD/CHF pair has shown a strong bounce from 0.8819, reaching as high as 0.8923. This upward movement is now facing resistance from the falling trend line on the 4-hour chart. Let’s explore the potential scenarios and...