Based on the provided GBP/USD H4 chart, the pair is in a significant and sustained downtrend. The price has fallen from above 1.3520 to a current low of 1.3366. The chart shows a consistent series of lower highs and lower lows over an extended...
GBPUSD – Technical Analysis Support and Resistance GBPUSD has recently experienced a notable rejection from the 1.34224 price level, indicating that sellers remain active in the market and are defending higher prices. Following this rejection, the...
BTCUSD Structure Analysis - Current 62,118 Using market structure theory, BTCUSD is consolidating above a key demand zone after a liquidity sweep. Current price 62,118 is trading between *Key Resistance: 62,900 - 64,407* and *Key Support: 59,100 -...
Technical analysis of USDCAD Today I chose USD/CAD for technical analysis; the market is currently trading below the 1.3942 resistance level in an uptrend. The market price moves up the trend line to help you push the price higher. With the help of...
Technical analysis of USDJPY The USD/JPY pair has been selected for technical analysis today. The broader market fell for several days in a row and continued to fall after breaking through all support levels. But now the market price has broken away...
