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EUR-GBP ANALYSIS CHART The situation on the EURGBP currency pair has not changed much. The 4-hours chart shows that the pair is in a bearish trend. The price is below the Ichimoku cloud, which indicates a downward momentum. This means that a short...
USD/ JPY Market Momentum Shift The price action analysis of the USD/ JPY currency pair is what we will be discussing today. The USD/JPY pair recently broke through the 149.35 resistance level on the hourly chart, signalling the continuation of the...
GBP/USD Price Activity Our conversation today will delve into the price action analysis of the GBP/USD currency pair. The GBP/USD is moving within a descending channel that resembles a consolidation phase. The price isn't making significant moves...
USDX INDEX PAIR ANALYSIS For the USDX index this week the price is back to closing with a bullish candle, but if we look closely at the chart on the H1 time frame, the USDX index is still consolidating and the closest support is currently at the...