Technical Analysis Trend Analysis on the Daily Time Frame (D1) On the daily chart, the previously dominant macroeconomic uptrend has sustained a significant structural breakdown. The pair fell sharply from its peak above 163.00, slicing through...
GBPUSD 5-Minutes Analysis: We are now analyzing the pricing of the GBP/USD currency pair in real time. The GBPUSD currency pair moved sideways yesterday, staying inside a small 50-point range. The main objective will be to escape this corridor as...
EURUSD 24-Hour Analysis: Hi everyone! A key measure of changes in inflation and purchasing patterns in the euro region is the CPI. EUR/USD took a while to respond since the data was inconsistent. Instead of using the development of events in the...
USDCHF 1-Hour Analysis: The USD/CHF currency pair's price movement will be the main focus of this investigation. Right now, the price is at the lower edge of the downward channel. Last Friday, the currency pair left this channel in a bearish...
I find myself staring at the GBP/JPY charts right now with the pair hovering comfortably around the 212.65 mark as we kick off a brand new week. When I check the recent pulse of the market, I notice today’s daily high pushed up toward 213.14 while...