ANALYSIS OF GBP/JPY PAIR. The GBP/JPY H1 chart shows significant volatility with price fluctuations between the 186.85 and 195.35 levels. The most recent price action suggests a consolidation phase around 189.50, with the 50-period moving average...
Gold Market Overview Gold continues to rise, with its price at 2889 on the H1 chart. The market is trying to break the 2890 resistance level, a key price point that could determine the next direction of movement. If gold breaks this level, its...
AUD/USD Market Action: Key Drivers and Trading Signals(March 4,2025) Trade Tensions Spark Volatility Fresh trade restrictions out of the U.S. are shaking things up. A 25% tariff on Mexican and Canadian goods and a 10% hike on Chinese imports is set...
I consider the immediate target for the upward movement to be the midpoint of the 5/8-6/8 price channel, which serves as a critical auxiliary level. I will monitor this level closely for potential reversals or continuations.In my view, the overall...
The EUR/GBP currency pairing experienced a notable shift in momentum during Monday's Asian trading session, as it retreated from a three-day period of gains and settled around the 0.8260 level. This reversal reflected the intricate interplay of...
