TECHNICAL ANALYSIS OF ETHUSD H4 The ETHUSD H4 chart shows a clear downtrend that began in early may after price failed to hold above the 2360 level. From 25 april to 5 may the market was choppy but generally bullish, with price making a high near...
Here is a technical breakdown of the NZD/USD H1 (1-hour) chart based on the provided screenshot. 1. Market Status Current Price Status: The market is currently closed for the weekend. Current Quote: The pair settled at a sell price of 0.58465 and a...
USDJPY H4 Technical Analysis: Bearish Rejection Setup at 160.500 Supply Zone USDJPY is trading at 159.176 on the H4 chart after a strong rally from the 156.000 lows in early May. Price is now consolidating just below the key 160.500 resistance...
Fundamental Analysis: The GBP/USD pair is trading around the 1.3430 mark, experiencing a period of consolidation as market participants digest a complex web of macroeconomic drivers. The broader theme is framed by an intense dynamic between the Bank...
XAUUSD H1 Technical Analysis: Range Trading Between 4464 and 4585 XAUUSD is trading at 4509.19 on the H1 chart after bouncing off the 4464 support zone. Price is currently consolidating under the descending trendline, with the market closed for the...
