GBP/USD Forecast and H4 Technical Breakdown: Navigating 1.3642 Amid Shifting Market Sentiments The pair has drawn significant upward momentum from a retreating Greenback, pressured by soft US retail sales data, lower long-term bond yields following...
NZD/USD Outlook: Strong Uptrend, but I’m Still Watching for a Reversal The NZD/USD pair is currently showing a strong bullish structure, and I have to admit that buyers are doing a much better job than I expected. On the four-hour chart, the price...
NZD/JPY Outlook: Buyers Are Strong, but the Market Looks Overextended NZD/JPY has made a strong move higher, and buyers have clearly managed to push the price significantly upward. The momentum has been impressive, but at the current levels I am...
USD/JPY Outlook: The Bigger Picture Still Favors More Downside I am looking at USD/JPY mainly from the weekly chart this time, and the situation is not as straightforward as simply saying the pair is bullish or bearish. There are arguments on both...
1. Trend and Market Structure: A Market at a Crossroads On the weekly chart, the provided data points tell a story of a market locked in a tight consolidation, with all closing prices recorded between 158.023 and 159.249 across the entire sample...