USD/JPY Daily chart: The USD/JPY market is in a downtrend, with the daily chart showing that the price is trading near 149.456. The market structure suggests a bearish trend as the price approaches the 149.300 support level. If this support is...
The GBP/USD currency pair on the H4 chart has shown a mixed performance this week. I observed that the week began with some upward momentum, but this growth quickly faded, leaving the pound seemingly stuck in place. While the EUR/USD pair...
The spotlight remains on the upcoming U.S. Consumer Price Index (CPI) release, set to influence market sentiment. Following a softer-than-expected Producer Price Index (PPI) print, investors are anticipating a potential slowdown in both the monthly...
Crude Oil Technical and Fundamental Analysis Technical Analysis: I have chosen the 1-hour chart to analyze the price action of Crude Oil. Several indicators were used in this analysis, which I will explain in detail before discussing the market...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...