GBP/USD – Technical Analysis Today’s technical analysis focuses on the GBP/USD currency pair. The pair is currently moving in an upward trend but remains stable below a key resistance level and the 150-period Simple Moving Average (SMA). There is...
On the 1-hour timeframe, the technical structure reveals a neutral-to-bullish consolidation pattern, with price action trading in a tight range between key moving averages. The 50-period Simple Moving Average (SMA) resides near 158.80, while the...
Technical analysis of EURUSD The EUR/USD pair remains under pressure, trading within a well-established descending channel, which confirms the continuation of the broader bearish trend. Price action continues to respect the structure of lower highs...
USD/CAD Technical Analysis For today’s technical analysis, I selected USD/CAD because the pair is currently moving in a clear downtrend. The price has been consistently respecting a descending trendline, which is preventing any significant upward...
Hello everyone. Let's analyse the AUD/USD currency pair based on technical setups on the H4 and D1 chart. H4 CHART ANALYSIS: Observing the chart above, we can see the formation of an AB=CD harmonic pattern on the 4-hour timeframe. However, the CD...