Based on my current technical analysis of GBP/NZD, I see the overall market structure as bullish, although there are signs of short-term uncertainty that suggest a temporary corrective phase may be developing. When I evaluate multiple timeframes,...
TECHNICAL ANALYSIS OF GBP/USD PAIR. On the GBP/USD H4 timeframe, price is attempting to stabilize around 1.3347 after recovering sharply from the late-June low near 1.3150, but the broader technical structure still reflects a market trading below...
Professional Forex Technical Analysis – GBPUSD H4 Chart 1. Primary Trend Bullish (higher highs higher lows) – Price is trading above the blue upward trendline (originating from the 1.31550 low). The most recent swing low at 1.32210 is above the...
Based on my current technical analysis, the EUR/JPY currency pair remains under the influence of strong buying pressure. The overall market structure continues to favor buyers, and recent price action suggests that bullish momentum is still intact....
Based on my technical analysis, the EUR/JPY currency pair is currently showing a bearish market structure, making selling opportunities more attractive than buying positions for today's trading session. The overall trend continues to favor the...
