GBP/USD on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factor The new trading week has opened with the U.S. dollar keeping the upper hand, leaving GBP/USD under pressure despite several attempts to stabilize. Much of the...
TECHNICAL ANALYSIS OF EURUSD H4 EURUSD H4 chart shows price at 1.14315, in freefall after breakdown from 1.15669. Euro rallied to 1.16186 on June 17, then collapsed through yellow MA 1.14728, orange MA 1.15374, and orange MA 1.15669. Right now price...
EUR/USD is currently showing a clear bearish structure on the 30-minute timeframe. After examining the recent price action, I believe sellers remain firmly in control, and the market continues to respect lower highs and lower lows, which is one of...
GBP/USD is currently trading in a clearly bearish structure on the H4 timeframe, despite the recent recovery attempt visible after the sharp decline. The chart shows that sellers remain in control of the broader trend, while buyers are only managing...
USD/JPY remains firmly bullish on the H4 timeframe despite the recent intraday pullbacks. Looking at the chart, the overall structure continues to print higher highs and higher lows, which is one of the clearest signs that buyers still control the...
