The GBP/USD chart on the H1 timeframe indicates a bearish outlook, characterized by a declining price structure and strong rejection at higher levels. The analysis incorporates Bollinger Bands, Standard Deviation (StdDev), and Average True Range...
•••Bitcoin Price Action: What’s Cooking Today(January 10,2025)?••• • Today’s Bitcoin price action has been anything but boring. The market is currently dancing around $93,700, after recently testing the monumental $100K milestone. With the ongoing...
The AUD/USD currency pair grapples with a confluence of bearish forces that have driven it to hover near its lowest levels in over two years, trading just below the 0.62 mark. This persistent weakness in the Australian Dollar is underpinned by...
GBP/USD As for the GBPUSD currency pair, we still have the potential of the indicator signal of the moving averages on the weekly timeframe. We fell a little short of the targets, which are at 1.21860. However, they may not reach them and I would...
USD/JPY Today's focus will be on the USD/JPY market, which is affected by economic events such as average hourly earnings (MoM), non-farm payrolls, and unemployment reports in the US. These events are expected to impact the dynamics of the USD/JPY...