### Bitcoin Short Position Analysis: Bearish Sentiment and Potential Trade Setup In the daily timeframe, Bitcoin has been demonstrating a consistent pattern of lower peaks and valleys, suggesting a bearish trend. The market opened at $64,695.46...
GBPUSD ANALYSIS 03 AUGUST 2024 For next week I still predict that the price trend will move down again, most likely the price will drop again to around the 1.2720 level. From what I have observed, the movement of the GBPUSD currency pair on its...
The image provided is a technical analysis chart of the EUR/USD currency pair on a daily timeframe. It offers a detailed visualization of the price movements, trendlines, and key indicators that traders use to make informed trading decisions. Let’s...
Analytical Overview of USD/JPY: Bearish Momentum Continues Greetings to all forum enthusiasts! There’s no disputing that the USD/JPY pair continues to exhibit a strong downward trend. Following such a significant drop, a healthy pullback wouldn’t be...
**AUD/USD Trading Insights: Navigating a Sideways Market** As of the latest updates, the AUD/USD market has been relatively stagnant, exhibiting a sideways movement. This lack of significant direction indicates a ranging market phase. However,...