Hello traders, Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously traded inside a descending channel before breaking higher and shifting bullish. Price then formed a Rounding Bottom and moved toward the...
USD/JPY H1 Technical Outlook USD/JPY is showing a strong bearish bias on the H1 chart, with price currently around 154.467 after a sharp decline. The pair has fallen substantially from the 160.40 area, forming a clear sequence of lower highs and...
The British pound fell against the US dollar for the second consecutive day on Monday, fluctuating around the psychological level of 1.3500 during the Asian trading session. Despite a slight downward bias, the spot price did not show a strong...
Technical Analysis silver XAG/USD hits session lows at $65.46, following Friday's reversal from $68.00. Strong US NFP data boosts hopes of a Fed rate hike this week and weighs on precious metals. Recent price action shows a potential bearish "Head ...
GBPUSD is showing signs of weakness as a firm U.S. dollar continues to limit upside momentum in the pound. Recent market conditions have kept the dollar supported, while investors remain focused on the relative monetary policy outlook between the...