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...
EURUSD We open the daily chart for the EUR/USD pair and see that earlier, after a rebound from the local minimum of 1.0665, the EUR/USD pair switched to an upward trend and then an upward price channel was formed, within which the major reached the...
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...
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...
The current market dynamics suggest a potential retracement towards 0.8439, which could signal renewed interest from buyers. This level is crucial, as it serves as a psychological barrier where traders may look to enter positions if they believe the...
