The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...
In my opinion, the NZD/USD chart on the H1 timeframe reflects a dynamic yet structured market, offering several opportunities for traders who carefully analyze its movements. The pair's price action shows alternating periods of consolidation and...
