analyzing the pair, it is evident that the prevailing trend remains bullish. This trend is continuing into this week, as the price consistently stays above the mid Bollinger Band (BB) on the H4 chart. Despite some caution in Thursday’s movement,...
The GBP/USD pair experienced a decline on Friday, closing the day around 1.2730. This downward movement reflects a broader market sentiment of caution, as indicated by the SP 500's slight decrease. The US dollar maintained a relatively narrow...
**EUR/JPY Market Overview** The EUR/JPY currency pair is currently trading around 160.08, reflecting a bearish trend that has been evident over recent sessions. The market has been moving slowly downward, indicating a cautious sentiment among...
GBP/USD Analysis The GBP/USD currency pair attempted to rally but encountered strong resistance at 1.2867, leading to a pullback that flipped the M15 timeframe from bullish to bearish. A breakout above 1.2862 could indicate a continuation of the...
The Euro experienced a lackluster week, trading within a narrow range of just over 1% and closing near its starting point. An initial attempt to rally above the 1.1000 level on Monday was quickly reversed, indicating a market hesitant to break out...