GBP/USD Analysis H4 Time Frame Analysis Hello, dear friends. The GBP/USD price is showing a downtrend on the H4 time frame once again, but it is still following the 50 SMA line, indicating that a negative move may be imminent. A support zone is...
EUR/JPY/M30/ 164,778. The EURJPY currency pair with the M30 timeframe already has a good signal, it's time to do an analysis. The increase in the price of EURJPY is higher than the resistance, indicating that buyers have dominated the market. The...
Oil prices have remained under pressure this week, with Brent crude hovering just above the $80 per barrel mark, a level last seen in early June. Persistent concerns over global demand, particularly the disappointing consumption in China, have...
USD/CAD ANALYSIS UPDATES 27 JULY 2024 Observing the USDCAD pair, it seems that the consecutive upward rally for several weeks has reached the supply area of 1.3898 - 1.3837. Most likely there will be a downward correction phase towards the...
The market has taken a bearish turn, and a downward channel has opened up, indicating that sellers are currently dominating. As the downward momentum continues, I expect that the price will decline to the 157.515 level. This specific level is...