This recent rejection is evidence of strong selling pressure at higher levels, which is preventing any significant recovery. On the downside, liquidity sweeps (D-Liq), observed around 0.61250, have encountered modest buyer interest. However, the...
GBP/USD Market Analysis September 26, 2024 The GBPUSD pair price seems to be experiencing a downward correction phase after the upward rally stopped at high prices of 1.3428. The trend direction remains bullish and the price pattern structure has...
The US dollar strengthened slightly on Thursday, climbing to the key level of 145 yen. This price carries significant psychological weight and has been a critical area of support and resistance in the past. As the market hovers around this level,...
The current analysis reveals that the downward trend in gold prices has been resistant to corrections. Gold's behavior has been unpredictable, unlike traditional currency pairs. Although the analyst expected a market correction in line with previous...
The currency pair has shown bullish tendencies since the early hours of Thursday's trading session, peaking at 1.3390. However, a sudden shift in broader market sentiment reversed this upward momentum, causing the pair to retreat to its opening bid...