The test of the 156.56 price level occurred when the MACD indicator had moved significantly upward from the zero mark, limiting the pair's further upward potential. For this reason, I did not buy. Since this happened towards the end of the American...
The GBP/USD currency pair, currently trading around 1.2715, has been experiencing a bearish trend. This decline suggests that the British pound is losing value against the U.S. dollar. The recent market behavior indicates a slow but steady decline,...
EUR/JPY daily M30 timeframe chart Greetings. Friday market dynamics, particularly in relation to the dollar, were evident as this currency pair continued its trend within the established range. However, a notable decline occurred on Tuesday, leading...
In the hourly timeframe, the price remains confined within the flat range of 1.0785 - 1.0860. Therefore, I anticipate a rise to the upper boundary from Friday, followed by a decline within the channel. I foresee further downward movement towards the...
GBP/USD H1 help turned obstruction, where the pair might stop or somewhat bounce back prior to proceeding with its plunge. The expected crisscross example at this level is normal in remedial stages, where the market makes brief counter-pattern moves...