GBPUSD 5-Minutes Analysis: GBP/USD is currently in oversold condition and will break above the 200-day simple moving average's lower channel at 1.1620. Further losses will occur in the 1.1550 zone, which will break down for a few months. The dollar...
Based on the H1 Crude Oil (CL) chart, price is trading near 77.78, showing a strong bullish recovery from the 76.30 low and breaking above the 79.70 resistance. The structure has shifted from bearish to bullish, with a clear sequence of higher highs...
Technical and Fundamental Analysis of the USD/JPY Pair Market participants remain focused on the outlook for further intervention in the Japanese yen, but recent price action suggests that both Japanese and US authorities are becoming more...
*EURJPY H4 Technical Analysis: Bearish Until 185.026-185.531 Supply Breaks, Support at 180.481* Price dropped hard from 187.046 down to 179.471, then started a corrective bounce. Right now it's at 181.353, consolidating under major resistance. The...
Understanding Daily Bias in Trading In financial trading, Daily Bias refers to the directional expectation a trader has for a specific asset over the course of a single trading day. It answers one fundamental question: Are prices more likely to move...
