EUR/USD now faces some corrective selling pressure and abandons the area of daily peaks in levels just shy of the 1.0600 barrier amid the persistent downward bias in the US Dollar From a technical point of view, the EUR/USD pair is at risk of...
GBPUSD TECHNICAL ANALYSIS On the H1 time frame, we will use the Moving Average Indicator period 50 and the Moving Average Indicator period 100 to determine the direction of the trend in the GBP/USD currency pair. GBP/USD is currently above the...
Technical Analysis of Crude Oil: One-day Chart: If we look at the price of crude oil, the market is trending downwards in the one-day timeframe, and its trend is also in sell-off, and if we look at the market structure, the structure is also in...
USDJPY TECHNICAL ANALYSIS After several trading days, it appears the USDJPY market is starting to show signs of increasingly strong seller pressure which is causing the price to decline . In today's trading, it appears that the USDJPY market...
The Spot price struggled to regain momentum against the US Dollar during Thursday's New York session, unable to break above the key psychological level of 1.2800. Despite showing some intraday gains earlier in the day, the pair experienced a...
