GBPUSD Hourly Chart Analysis: The current price behavior of the GBPUSD currency market is the main topic of my post today. Buying near the 1.33743 level, the GBPUSD has been performing well lately. The state of the market could shift in an hour, and...
USDJPY D1 Chart Review: The USD/JPY is currently trading at 162.365, and it is clear that the recent resistance breakout rise will surpass the middle trendline bridge at 162.765 after hitting the 100-day simple moving average. The US dollar index...
USD/JPY Technical Analysis (H1) – Comprehensive Market Structure Assessment The USD/JPY H1 chart presents a market that has shifted from a period of broad consolidation into a renewed bearish correction. During the first half of the chart, buyers...
After reviewing the NZD/CAD currency pair, I believe the recent upward movement may be approaching a point where a correction becomes increasingly likely. The pair is currently trading around 0.81774, and while buyers have remained in control during...
EURUSD H4 Chart Analysis: Let's see how the EUR/USD currency pair is now trading. We are still researching the EUR/USD pair. After examining the market sentiment chart above, I want to view the daily chart to see what signs it provides. Before...