Good Morning and Welcome to Today’s Live Trading Discussion The USD index closed with a bullish trend yesterday, climbing from the 101.77 level to the 102.65 level. However, the USD index appears unstable at the moment as it struggles to maintain...
GBPUSD If we look at the GBP\USD pair on the weeks, here we have a bearish candlestick Engulfing, where we have engulfed two previous bullish candlesticks with one candle. And this can serve as a reversal to the south of this two-year cycle to the...
The USD/JPY currency pair has been navigating a complex landscape, characterized by key technical levels that traders are closely monitoring. As of now, the pair faces immediate resistance at the 50-day Exponential Moving Average (EMA), which is...
The AUD/USD currency pair has been exhibiting notable price action recently, characterized by critical resistance and support levels that traders should closely monitor. Currently, the initial important resistance level is identified at 0.6914. A...
GBP/JPY TECHNICAL ANALYSIS: On the GBP/JPY H1 time frame, the GBP/JPY currency pair has exhibited a robust upward trend over the past few days. The price action has consistently moved higher, reflecting strong bullish sentiment in the market. As of...
