GBPUSD Daily Chart Analysis According to the daily chart of the GBPUSD pair, the strong bullish phase is ending, and the broader corrective downtrend is beginning as the market is retracing a part of its previous rally. At the start of the period...
**Post-Trade Analysis: NZD/USD (M30)** This post-trade analysis reviews the recent price action of the NZD/USD currency pair on the 30-minute timeframe. The chart uses three moving averages to identify market trends: a short-term moving average...
XAUUSD Price Action: Looking at the last 48 hours, we can identify a clear rejection from a new peak just above the $5200 handle, specifically around the $5215 area. This rejection wasnt a violent reversal but a controlled pullback, indicating that...
USD/JPY Post Analysis The USDJPY pair on the H4 timeframe shows a strong bullish recovery after a significant bearish phase earlier in the period. At the beginning of the chart, the market experienced a noticeable downward trend as sellers dominated...
GBPUSD Trading Setup: Today, I will focus on analyzing GBP/USD price action. The limited euro decline following the rate cut suggests the market was well prepared for the event, which likely mitigated the impact of the rate cut. Furthermore,...