Technical Analysis EUR/USD D-4 Chart The Relative Strength Index (RSI) indicator on the 4-hour chart is flat around 50, reflecting a lack of directional momentum in the short term.On the downside, a strong support zone seems to have formed at...
If we observe based on the picture I attached, the GBP/USD pair is forming a bullish pattern on the H4 time frame, so it can be said that the direction of GBP/USD movement in the future will move upwards even though currently it is still leaning...
Sounds like you're deep in the forex trenches, Yuri! Labor market data always stirs up a mess in the market, especially when it sends mixed signals like this. The initial volatility you're describing seems typical when traders are torn between the...
AUD/USD As of today, AUD/USD is hovering around 0.6210, consolidating after recent declines. The pair is struggling to gain momentum, and I’m watching key technical levels closely. With the U.S. dollar holding firm, the Aussie remains vulnerable,...
GBP-USD PAIR REVIEW There was no significant movement in the gbpusd market this Friday night even though there was a release of US NFP data. The mixed data results made the gbpusd market not trend. The price position is still in the MA 20 area with...
