Based on the provided data for what appears to be a stock or index (possibly a regional ETF or commodity, given the price levels around 3,000-5,000), the asset is exhibiting a choppy, range-bound structure with a slight bearish bias over the...
GBPUSD Daily Forecast GBP/USD Price Action Tightens as Markets Weigh UK Weakness Against Fading Geopolitical Risk The British Pound struggled to build momentum at the end of the week, with GBP/USD hovering near 1.3400 as traders balanced...
*EUR/USD 1H – Technical Analysis* *Market Structure Context Analysis* EUR/USD on the 1H timeframe shows a bullish recovery after a sharp selloff. Price dropped from 1.1650 down to 1.1500, forming a clear swing low. The first *Market Structure Shift...
Market Structure Shift Looking at this monthly chart from February 2024 to October 2038, price initially made lower lows and lower highs from 148.641 down to 137.221 in June 2024. This was a bearish structure. However, after the low at 137.221 in...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line, it...
