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Joshua20 Joshua20 USDCHF, W, Short ,
USDCHF: USD/CHF Approaching Key Area
267 3 3
USDCHF, W Short
USD/CHF Approaching Key Area

The chart shows the weekly chart of the USD/CHF currency pair, you can see that prices are sitting right below a very key area of 1.00. Prices have respected this area on the chart before and I am fully expecting the prices to respect this area again. if you zoom out this chart you will see a downtrend that has been in control of the market for a long time now. ...

Joshua20 Joshua20 GBPUSD, 240,
GBPUSD: GBP/USD 4H Short Opportunity Forming
163 0 3
GBPUSD, 240
GBP/USD 4H Short Opportunity Forming

The GBP/USD 4H chart had strong bearish momentum until it hit the 1.56000 level and prices respected this area. Prices stalled and stayed within the blue box on the chart until prices finally broke the support zone at 1.56000. Now that prices have broke through the support zone we can assume that the bearish momentum is going to keep pushing the prices lower. ...

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