GBPUSD Market Outlook: This analysis focuses on the current price movement of the GBP/USD pair. On the daily chart, the pair continues its downtrend, having recently reached the daily support level of 1.35565. On the hourly chart, the pair failed to...
#USDX Timeframe H4: The US dollar index (#USDX) on the chart currently shows a rather interesting consolidation phase after experiencing bearish pressure in the last few trading sessions. Technically, the price is still moving below the mid-range...
Bitcoin Technical Analysis 1. Chart Description: The attached chart is a 1-hour Bitcoin chart that uses price channels to determine the price trend. Bitcoin's price has been trending downwards for the past two days. Support and resistance levels...
Good morning, and I hope the trading week finishes on a strong and profitable note for everyone following the currency market closely. I noticed that before the close of the American trading session yesterday, the US dollar strengthened sharply as...
I still believe the overall structure on AUD/USD remains bullish despite yesterday’s temporary weakness, and I do not yet see any technical evidence of a full reversal. I noticed that the pair initially attempted to continue its upward movement...
