Based on my technical analysis, I have a bearish outlook for the AUD/JPY currency pair today. At the moment, I believe that selling offers a more attractive trading opportunity than buying, as the current market structure continues to favor downside...
EUR/USD – Daily (D1) Technical Analysis. The EUR/USD Daily (D1) chart shows that the pair remains under short-term bearish pressure after failing to sustain its previous bullish structure. Price is currently trading around 1.1422, having declined...
Today, the GBP/USD Market Brief Is Here: The Calm Before the Storm If you look at the GBP/USD chart right now, it feels like the market is holding its breath. The pair is floating right around 1.3355, and it’s barely moving. Here is a simple,...
THE POLICY STANDOFF: GBP/USD FLATLINING AT 1.3355 AS MARKETS BRACE FOR FOMC MINUTES AND THE BURNHAM TRANSITION The GBP/USD exchange rate (Cable) entered a state of absolute equilibrium during Wednesday’s European session, flatlining around the...
GBPUSD H1 Chart Analysis: Our discussion will mostly center on the analysis of the GBP/USD currency pair's price fluctuations. Bears had a significant opportunity to continue lower due to yesterday's bearish break below the 1.33600 sell line, which...