Hello everyone! I would like to analyze the situation on the USDCHF pair. On the H1 timeframe, the price broke through the local ascending trend line downwards. At the same time, there was a rollback to this line and its retest with a rebound downwards occurred, which may indicate a corrective downward movement. The target in this case may be the support level of 0.8263. The reaction to this level may show where the price can move further more comfortably.
I wish a good trading day! Analyzing the situation on the USDCHF pair on the H1 timeframe, it is clear that a range has formed on this timeframe between the resistance level of 0.8322 and the support level of 0.8214. The price has already bounced off the above resistance for the second time. I am considering sales within this range to the support of 0.8214.
Hello everyone! Analyzing the situation on the USDJPY pair on the H1 timeframe, it is clear that the price is moving along the local upward trend line on this timeframe. Now we can see another test of this line during a downward rollback. In case of a rebound from it upward, the target for a bullish movement may be the resistance level of 145.87. In case of a breakdown downwards of this line, the target for a bearish movement may be the support level of 143.11.
Have a nice day everyone! Looking at the situation on the USDCHF pair, we can see a range formed on the H1 timeframe between the resistance levels of 0.8265 and the support level of 0.8214. At the moment, I am considering trading this pair within this range, where after a rebound from its upper border, I’m considering selling to its lower border. A breakout and fixation of the price beyond some border of this range’ll show where it is more comfortable for the price to move further.
Hello everyone! A range has been formed on the EURUSD pair on the H1 timeframe between the resistance level of 1.1378 and the support level of 1.1287. For now, I am considering trading within this range, where after the price bounces off its upper border, the target for sales may be its lower border of 1.1287. Further price movement will depend on the price behavior at these key levels.
Hello everyone! The EURUSD price, during its bearish movement, nevertheless broke through the support level of 1.1287, which was the lower boundary of the range formed earlier on the H1 timeframe. But the support level of 1.1212 kept the price from further downward movement, bouncing it upward. I am considering purchases from this level with the target being the resistance level of 1.1287.
Hello everyone! The USDJPY pair on the H1 timeframe shows an upward trend. However, I think that the bulls have exhausted their strength and it is time for a downward rollback. The resistance level of 148.54 held the price and rebounded it downwards. I am considering sales from this level with the target being the support level of 146.50.
Hello everyone and have a successful trading day! The EURUSD pair is showing a downward trend on the H1 timeframe. At the same time, the price, during its upward rollback, approached the key resistance level of 1.12. I expect a rebound downwards from this level with the first target being the support level of 1.1139. In case of its breakout and the price fixing below it, the next target for a bearish movement may be the support level of 1.1077.
Hello everyone! Today I would like to analyze the situation on the USDCHF pair. On the H1 timeframe, a horizontal range has formed between the resistance levels of 0.8477 and the support level of 0.8327. For now, I am considering trading within this range, where after a rebound upwards from its lower border (0.8327), the target for an upward movement may be its upper border at 0.8477. In case of its breakthrough, the next target for a continuation of the upward movement may be the resistance level of 0.8500.
Hello everyone! The EURUSD price has broken through the local downward trend line formed earlier on the H1 timeframe and consolidated above it, which may indicate bullish sentiment for this pair. Now the price has approached the key resistance level of 1.1252. If this level is broken and the price consolidates above it, the target for further upward movement may be the resistance level of 1.1330.
Hello everyone! Today I would like to analyze the situation on the USDJPY pair. On the H1 timeframe, a local downward trend has formed. At the same time, the price reached the support level of 144.114. After a rebound upward from this level, I expect a rollback upward to the sloping line of the downward local trend.
Hello everyone! The EURUSD pair continues to show an upward trend. As I expected earlier, the price of this pair reached the resistance level of 1.1330 during its upward movement. I think that the bulls have not exhausted their strength at this point, but there is a possibility of a small rollback down to the support level of 1.1289, after which the next target for the continuation of the bullish movement may be the resistance level of 1.1365.
Hello everyone! A downward reversal may be brewing for the EURUSD pair. On the H1 timeframe, during its downward movement, the price is trying to break through the local upward trend line. In case of a successful breakout, the target for a bearish movement may be the support level of 1.1276.
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The recent price action is indeed aligning with the bearish scenario you outlined. As seen in the current H1 chart, EUR/USD has now broken below the local ascending trendline and is consolidating near the 1.1290 region. This level is showing some temporary support, but bearish momentum remains intact given the lower highs and increased volume on the downside move.
If the pair fails to reclaim the 1.1320–1.1330 zone (now likely acting as resistance), we could see further continuation toward the key support levels at 1.1276 and possibly 1.1227. I’ll be watching closely for either a breakdown below 1.1276 to confirm bearish extension, or signs of a false breakout if buyers step in with volume.
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Hello everyone and have a good fruitful day! On the USDCHF pair on the H4 timeframe, a downward trend is observed, towards which it is better to continue trading. At the same time, on the H1 timeframe, a technical analysis figure “triangle” has formed, the lower side of which the price has broken downwards. Therefore, I am considering sales with the target of the support level of 0.8214.
Hello everyone and have a successful trading day! The USDJPY pair continues to move downwards. At the same time, the price broke through the support level of 142.90 and consolidated below it. Now this level has become resistance and, as you can see, it is quite strong and constantly rebounds the price downwards when testing it. I am considering selling from this level with the target of the support level of 142.10.
Hello everyone! I would like to consider the situation that has developed for the EURUSD pair. The local trend for this pair is still ascending. During the downward rollback, the price approached the line of the ascending local trend formed on the H1 timeframe. During the upward rebound from this inclined level, the first target for a bullish movement may be the resistance level of 1.1375. In case of its breakthrough, the next target may be the resistance level of 1.1419.
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A triangle was previously formed on the EURUSD pair on the H1 timeframe, the upper side of which was broken upwards, which may indicate bullish sentiment for this pair. At the same time, the price approached the resistance level of 1.1419 during its upward movement. In case of its breakout and consolidation above it, the next target for the upward movement may be the resistance level of 1.1480.
Hello everyone! The trend for USDCHF on the H4 timeframe is still downward. At the same time, the price during its bearish movement broke through the support level of 0.8196, but then during an upward rollback approached this level again. In case of a downward rebound from this level, the target for the continuation of the downward movement may be the support level of 0.8105.
Hello everyone! The AUDUSD pair has an upward trend. Analyzing the H1 timeframe, I would like to note that the price, during its downward correction, was unable to break through the support level of 0.6451, having rebounded upward from it. I am considering purchases from this level with a target of the resistance level of 0.6500.
