TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
West Texas Intermediate (WTI) crude oil prices traded around $76.75 per barrel on Wednesday, reflecting a delicate balance of bullish and bearish forces. The recent imposition of new US sanctions on Russian oil exports has heightened concerns about...
EUR/USD is forming a textbook morning star pattern that suggests a potential bottom An adverse confirmation could trigger a reversal in returns and risk assets Break above downtrend target resistance 1.0461; long ones are preferred over short ones...
PAIR REVIEW USDJPY Hello! Sellers rolled back to 157.00, even a little lower, but the mood in the USDJPY currency pair is still northern and in a couple of days buyers have returned to 158.00 again. Until sellers have merged at least below 156.00,...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
