I observe that the AUD/USD pair recently tested the support level at 0.6359, where buyers stepped in and pushed the price higher, initiating a northward correction. I note that the pair has since climbed to an intermediate level near 0.6298, though...
The USD/CHF currency pair continues to navigate within a sideways channel, reflecting a period of consolidation in the market. Recently, buyers attempted to break through the resistance level at 0.8817, but their efforts were unsuccessful. Instead...
The pair was trading near the 1.44185 level when I observed significant sell volume. I assumed that the pair would move lower as the sellers' limits were actively working at this level. The level was broken from top to bottom, and I noticed that a...
The GBP/USD 4-hour chart currently exhibits a clear bullish trend, with the price trading around 1.2945. The next significant resistance level to watch is approximately at 1.3000. The upward slope of the 9-period Simple Moving Average (SMA) and...
In the H4 timeframe, the market for GBP/JPY has shown a failure to embark on a bullish trend, stopping short at the upper band of the Bollinger Bands and subsequently experiencing a downward bounce. This has contributed to an extended period of...
