The GBP/USD H1 chart reveals a clear uptrend, characterized by price action forming higher highs and higher lows. Bollinger Bands indicate expanding volatility, with the price currently near the upper band, suggesting strong bullish momentum....
Currency pair GBPJPY - chart D1. The wave structure here is descending. After the last wave of decline updates the minimum of the previous one, the third wave will go down. The MACD indicator is in the lower sales zone and again becomes below its...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price is falling and the downtrend looks very strong. The market price fluctuates between the 0.6407 resistance level and the 0.6335 support level for a...
Current Market Situation of EUR/USD The EUR/USD currency pair is presenting an interesting scenario on the H1 chart. The price is currently trading between a support level of 1.0310 and a resistance level of 1.0380. This price action indicates that...
General Points about GBPNZD: Yesterday, the GBPNZD market reached the 2.1962 level, which is a midpoint. That level often acts as a crucial turning point where buyers and sellers compete for control. If buyers fail to maintain momentum, price...
