Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
USD/JPY has displayed remarkable resilience at the 151.80 pivot level, reinforcing the case for a bullish continuation toward 152.85 and 153.50. The market has found stability at this key support zone, allowing buyers to regain control after a brief...
Since October of the previous year, the USD/CHF currency pair has experienced a significant uptrend, with the U.S. dollar appreciating by over 9% against the Swiss franc. This movement reflects a broader trend in which the dollar has strengthened,...
The Australian dollar began the session with a lower notable gap, but the merchants quickly raised the prices up to fill that void. This movement has put the 50 -day exponential mobile average (EMA) in an acute approach, since it is now around the...
GBP/USD has remained in a well-defined downtrend, with 1.2425 acting as a significant resistance level that has repeatedly halted bullish attempts. As long as the price remains below this critical level, the risk of further downside pressure remains...
