GBP / AUD: An Hourly Time Frame Recommendation Today was a good day for the bears or sellers of GBPAUD, as the market responded to positive Australian news data that bolstered their position. The impact of the news was evident, with the market of...
XAU/USD Technical Analysis and Expectations Current Market Overview: Gold is currently in a bearish trend and is trading around 2684, but it has failed to break the resistance zone at 2725. The market tried to gain momentum but faced selling...
USDJPY TECHNICAL ANALYSIS Using basic analysis of the H4 timeframe chart, the USDJPY currency pair trend is still trying to move in a bearish phase. And we can monitor this condition through prices which are still moving stably below the Simple...
USD/CHF Technical Analysis Currently, USD/CHF is trading around 0.8805, showing mixed momentum. I’ve noticed strong support at 0.8780, which aligns with the 50-day moving average, while resistance is sitting near 0.8840, around the 200-day moving...
Technical Analysis, Forecasts and Fundamental Analysis of USD/JPY The USD/JPY market price is showing strong bullish momentum, testing the 152.50 resistance zone and trading above the 100 simple moving average on the 4-hour chart. A move above...