The GBP/USD H4 chart reveals a dominant downtrend over the past several months, with consistent lower highs and lower lows forming a bearish market structure. The 50-period moving average (red line) has acted as dynamic resistance, capping price...
The analysis suggests a bearish outlook for the EUR/USD pair, with a focus on increasing the volume of sales if the level of 1.0349 is broken. The recent decision by the U.S. president to impose tariffs on Mexico, Canada, and China has heightened...
The EUR/USD hourly chart exhibits signs of consolidation following a recent downward move, with the price stabilizing around 1.0361. The Bollinger Bands indicate a contraction, suggesting reduced volatility and a potential breakout in the near term....
The GBP/USD hourly chart reflects a phase of consolidation following an upward movement, with the price currently trading around 1.2389. The Bollinger Bands indicate decreasing volatility, as the bands have begun to contract, signaling a potential...
USD/JPY: The Art of Price Action Analysis The USDJPY pair has not been able to continue the increase because the price has been corrected down to a range that is still less than the previous week. However, for the monthly time frame, it appears...