GBPUSD TECHNICAL ANALYSIS A week ago, the British pound started to rise again, but fell after reaching a local high. The price reached a clear resistance level before dropping to 1.2800, but then started to rise again this week. It lost part of its...
AUDUSD TECHNICAL ANALYSIS In today's analysis, I would like to consider moving the AUDUSD pair to the 1-hour chart, because the picture there is more objective. There is a downward trend and the currency pair is trading below the Nichimoku cloud,...
Buyers failed to develop their advantage on the Pound at the beginning of the new trading week, although the position was good for growth. Sellers actively pushed the price down, managing to recoup almost all of Friday's growth, no matter how they...
USD/CHF Technical Analysis The bears were unable to maintain price well below the moving average trend line at the start of the week in the 4H chart and now price is well above the 14-period simple moving average trend line. The current candle is...
USD/JPY Technical and Fundamental Analysis M30 Chart: Looking at the M30 chart, the USD/JPY market is in a downtrend today and is testing the low of 149.50. Since then, the market prices have recovered and risen. Currently, the price is trying to...
