GBPUSD Technical Analysis – Bearish Trend with Short-Term Recovery Potential GBPUSD is currently trading at 1.35583, and the overall market structure suggests that the pair is in a downtrend. Recent price action indicates that sellers have been...
GBP/USD Analysis The GBP/USD pair is again getting some support around the 200-period Simple Moving Average (SMA) on the 4-hourly chart, around the 1.3550 level, which is expected to be a major turning point for traders. The MACD histogram is still...
USD/CHF Technical Outlook USD/CHF shows a broader bearish structure despite the recent period of consolidation. Price remains below a clearly descending long-term moving average, which is acting as dynamic resistance and reinforcing the dominant...
USD/JPY H4 Timeframe: The USD/JPY movement on the H4 timeframe is currently showing a recovery phase after experiencing strong bearish pressure from late January to mid-February. This sharp decline brought the price down to near 152.00 before...
Market Outlook: Navigating EURJPY Bullish Momentum and Key Pivot Zones Greetings, everyone. I have been closely monitoring the price action of the EURJPY pair, and I would like to share my current technical perspective. As of my latest observation,...