Hello everyone! I agree with the idea of a pullback and will observe its strength and the price action that unfolds during this phase. On the daily chart, the resistance level at 1.2228 has already been tested from below, which opens the possibility...
USDJPY Daily Time Chart Analysis The USD/JPY currency pair is currently experiencing a sharp decline. The long-term uptrend line and key support level are located below 153.65. This decline is confirmed by weak signals from key technical...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
The Bitcoin H1 chart shows recent fluctuations around 97,837, reflecting a phase of consolidation after a significant decline from recent highs. The price action is currently testing key levels, with potential for either a breakout or further...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as the market reacts to recent economic data and central bank sentiment. The Bank of England (BoE) held rates steady at 5.25%, but Governor Andrew Bailey’s dovish comments suggest a...