Here is a detailed technical analysis of GBPUSD on the H1 chart based on the data you provided (May 21 – May 29, 11:00),. Market Structure Price Levels During this period, GBPUSD traded within a well-defined range, with 1.35160 acting as the...
GBP USD ANALYSIS On four hour time frame On the 4H, GBP USD dropped from 1.3504 to 1.3375 and bounced hard off that green support. Price reclaimed the blue 20 MA at 1.3434 and is now at 1.3447, right at the yellow resistance line 1.3447-1.3455....
XAG/USD is currently trading near the 75.15 region after recovering strongly from the recent decline that pushed prices toward the 72.00–73.00 demand zone. The chart shows that buyers managed to regain control following the sharp rebound, but recent...
Bitcoin is in a position right now. The current market price of Bitcoin is 73,607.87. Bitcoin is still going up in the term but right now the market is at a point where buyers and sellers are trying to control it. Technical Analysis Market...
The USD/JPY M5 chart presents a highly informative example of a market transitioning through multiple phases within a relatively short period: bullish expansion, capitulation selling, recovery, and finally consolidation. The session began with a...