I am watching the GBP/JPY pair very closely on the H1 chart, and I can clearly see that the price has already moved away from the danger zone between 214.195 and 213.992, which previously acted as an unstable and highly sensitive trading area. I am...
Here’s a focused technical and fundamental analysis of EUR/JPY on the H4 chart, followed by a clear trade setup summary. Analysis On the H4 timeframe, EUR/JPY is exhibiting mild bullish momentum but with fading short-term strength. The RSI (14) at...
Forecast of Gold By examining the Gold's H1 time frame chart, I observed that the price is declining significantly. A few hours ago, the Gold broke the 4650 support level, and the price has been continuously declining. By testing the top and bottom...
NZDUSD VIEW: NZDUSD has recently shown strong bearish pressure after failing to maintain its earlier recovery attempt. Back in March, the pair managed to hold above an important ascending support line, which acted as a strong barrier against...
GBPUSD TECHNICAL OUTLOOK: GBPUSD is currently trading under strong bearish pressure after failing to maintain its recent upward momentum. The pair recently touched the resistance area near 1.3458 and reacted sharply lower, showing that sellers...