I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
During Thursday's North American trading session, the US dollar experienced a notable decline, propelling the EUR/USD pair to approximately 1.0450. This downward pressure on the dollar was reflected in the US Dollar Index (DXY), which measures the...
The USD/JPY H4 chart shows significant price action, with a clear downward trend forming after an extended bullish rally. The price has recently tested the 149.28 level, which acts as a key support zone. Looking at the historical price movement, the...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart rose towards 60 after falling to the 50 area on Wednesday, suggesting that technical buyers remain interested. On the upside, 1.2650 (78.6%...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello, forex subscribers and members, hope you all are well. Today I have prepared a GBP/USD pair analysis. Looking at this time frame, I am doing a technical analysis today. GBP/USD price hovers...
