The path of least resistance for GBP/USD is down. The "Double Whammy" of the FOMC and BoE decisions on March 18-19 acts as a major volatility trap. Unless the BoE surprises with a very hawkish tone or US inflation data suddenly collapses, any...
GBP JPY Analysis The GBP/JPY pair on the H1 timeframe is currently showing a clear bearish move after a strong sell-off in the market. Earlier, the price was trading near the 212.60–212.70 area where the market showed some consolidation. Buyers and...
USD/CHF Based on the provided chart for USD/CHF on the H4 (4-hour) timeframe, here is a technical analysis of the current market structure and indicator signals. Price Action and Trend The chart displays a clear bullish breakout following a period...
GBPJPY Technical Analysis – Bearish Trend with Key Levels to Watch GBPJPY is currently trading around 211.186, and the overall market trend continues to show a downtrend. Recent price action indicates that sellers remain active in the market, which...
The AUD/JPY hourly chart shows a clear shift from a bullish trend into a strong bearish correction. Earlier in the chart, price action displayed a steady upward movement, forming higher highs and higher lows. During this phase, the short-term moving...