EUR/JPY Bulls Under Pressure as BoJ Hawk Stance and Eurozone Inflation Converge Current Price Action: EUR/JPY is under immediate pressure, trading at 183.13 following a failed attempt to hold the 184.00 handle, as Yen strength gathers pace. Main...
GBP/USD Timeframe H1: Based on the GBP/USD chart on the H1 timeframe you attached, technical analysis using the 100-day moving average (MA 100) and 200-day moving average (MA 200) indicates that the market is still in a transition phase from a...
GBP/USD MARKET OVERVIEW 18 MAR Hello Everyone.. Checking the Cable (GBPUSD) on the H4 chart today and honestly, it’s a bit of a nail-biter at 1.3353. We’ve been stuck in this descending channel for what feels like forever now, and every time the...
GBPJPY – Technical Analysis Support and Resistance GBPJPY is currently demonstrating bullish momentum after initiating an upward move from the price level of 210.80. The market has continued to push higher and is now trading around 212.281,...
According to the attached chart of EURUSD we can see that price consolidating and currently trading around the Price action shows a clear breakdown from a prior consolidation range near 1.1800, followed by sustained downside momentum. The moving...