|
The GBPCHF provides positive signal – Analysis – 1-3-2024
The GBPCHF pair provided positive signal by fluctuating above 1.1170 barrier, attempting to confirm moving to the bullish track as expected previously, as the major indicators provide the positive momentum to increase the positive pressures on the price to manage to confirm the breach followed by starting to target many positive stations that start at 1.1210 followed by reaching 1.1295 in the medium-term period.
The expected trading range for today is between 1.1165 and 1.1210
The expected trend for today: Bullish
Natural gas price keeps the positivity – Analysis – 1-3-2024
Natural gas price provided new positive close above 1.800 level, which forms the neckline of the double bottom pattern that appears on the chart, to increase the chances of resuming the bullish track in the near-term and medium term period.
MoreThe EURJPY fluctuates within the bullish track – Analysis – 1-3-2024
The EURJPY pair still affected by stochastic negativity to force it to postpone the bullish rally and provide mixed trades within the bullish channel, to notice touching 161.68 level yesterday and rallying to settle near 162.50 again.
MoreThe GBPJPY hits the target – Analysis – 1-3-2024
The GBPJPY pair resumed the correctional decline yesterday to achieve the target at 188.90, which forms key additional support to interpret the quick rebound towards 190.00.
More