USD/JPY Daily chart: The USD/JPY market is in a downtrend, with the daily chart showing that the price is trading near 149.456. The market structure suggests a bearish trend as the price approaches the 149.300 support level. If this support is...
Crude Oil Technical and Fundamental Analysis Technical Analysis: I have chosen the 1-hour chart to analyze the price action of Crude Oil. Several indicators were used in this analysis, which I will explain in detail before discussing the market...
The GBP/USD currency pair on the H4 chart has shown a mixed performance this week. I observed that the week began with some upward momentum, but this growth quickly faded, leaving the pound seemingly stuck in place. While the EUR/USD pair...
I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
GBPUSD Technical Analysis GBPUSD is currently trading at 1.26180 on the daily timeframe. After breaking a significant level at 1.28400, the pair has been in consolidation for the fourth consecutive day. The price is currently below the 150-period...
