AUDUSD TECHNICAL ANALYSIS The AUD/USD currency pair shows a promising setup for continued bearish movement, especially with the current chart pattern supporting the bearish outlook. The four-hour chart shows a stable downtrend channel, with sellers...
General Points about GBPJPY: Last week, we observed that the GBPJPY market started moving back toward its key levels, signifying a potential resurgence in bullish momentum. The movement highlights the natural correction process markets undergo...
The US dollar is strengthening against the yen at key levels The US dollar showed modest strength against the Japanese yen during early trading on Monday, with the 150 yen level remaining a key target for market participants. Technically, the pair...
I am waiting for the USD/JPY pair to break out of its current range, defined by the levels of 148.05-149.25 and 150.75-151.75. The increasing volume suggests that a significant move may be imminent, though it's difficult to predict the direction at...
H-4 Chart Technical Outlook GBP/USD And of course there is no argument here, because the GBPUSD pair is still in a bullish phase as the main one. Last week, the growth wave was broken after the downward wave structure was updated to the maximum of...