GBP/USD prices closed the week just below the yellow moving average on the 4-hour chart. This technical indicator suggests a degree of uncertainty in the short term, but my outlook remains bearish in the long term. Several fundamental factors...
Analyzed from the H1 timeframe, after successfully breaking through the closest resistance, USD/JPY immediately rose to 160.83. After this significant increase, USD/JPY may correct first. This morning, USD/JPY experienced a slight weakening and is...
The Ripple (XRP) price experienced a notable decline yesterday after it failed to close below the 20-day Exponential Moving Average (EMA) at approximately $0.4681. At present, XRP finds support at the $0.4594 level, which has become a focal point...
Today, being Saturday, marks a day off for the market, providing an opportunity to analyze recent movements of the GBP/USD pair. Over the past week, the pair has fluctuated between key levels of 1.2686 and 1.2613, serving as both support and...
USD/CHF Price Direction Our current focus is evaluating the price action of the USD/CHF currency pair. USD/CHF concluded this week's trading yesterday by forming a pin bar on the daily time frame. This pattern emerged from a false breakout of the...