GBP/USD Market Overview The GBP/USD market is pretty quiet now. It is trading near 1.33. This means the market is stable. It does not know which way to go. The price is moving up and down between points and both buyers and sellers are being careful....
According to my analysis H1 is retesting a broken range floor after a spike-and-fail, and this is where risk management and trading discipline stop you from buying “support” that just got violated on heavy volume. Price is at 1.17603, pressing into...
This is XAUUSD on M3, last price 4809.47 at 02:24. Here’s the breakdown using what’s visible: volume, MAs, support/resistance, and inferred RSI. *1. Trend Moving Averages* - *Yellow MA*: Fast MA, currently ∼4800. Price just crossed above it with...
When I look at USD/JPY trading at 158.87, I immediately notice how the pair is holding just below the psychological 159.00 barrier, consolidating after a strong rally that tested the 160.00 zone earlier this month. On the Daily chart, the SMA‑50 is...
I observe the GBPUSD H1 chart presenting a clear transition from a prolonged consolidation phase into a structured bullish trend that gradually gained momentum. In the earlier portion of the chart, price action appears compressed within a sideways...
