My Daily GBP/USD Playbook: Navigating Breakouts and Bank of England Policy Shifts. I am watching the GBP/USD currency pair trade near the 1.3507 level today, holding remarkably strong above my support zones. Looking at my daily charts, the pair...
On the 4-hour chart, the 200 SMA line and the 50 SMA line serve as primary technical reference points. Current pricing shows XAU/USD trading beneath both the 200 SMA and 50 SMA, confirming the bearish short-term bias. Complete support levels are...
Yen on the Edge: My Live USD/JPY Trade Setup Technical Analysis: Currently, I am tracking the USD/JPY live at 159.565, observing strong bullish momentum. From my charts, price action is holding comfortably above the 50-day and 200-day simple moving...
Bitcoin Update — Critical Breakout Zone BTC is now testing a major resistance zone around $78K–$80K. Current structure: • Support: $72K–$74K • Resistance: $78K–$80K • Trend: Bullish, but slowing momentum What happens next: • Break above $80K →...
I like using support or resistance zones as one of the confirmation methods. Using the previous highs/ lows, round numbers, and just areas where price reacted...
