GBP/USD Technical Analysis The GBP/USD pair trades near a key support level in the H4 timeframe. Market structure suggests that if this support level (1.2500) is broken, the trendline pushing prices higher will also be invalidated. However, if the...
USD/JPY Technical Analysis The USD/JPY pair shows a mixed market structure in the H4 timeframe. Structurally, the price is in an uptrend, but the overall trend is bearish as the second peak has not yet broken. The first resistance level is at...
EUR/USD experienced a notable intraday rally, rising by over 0.8% as market sentiment improved. Euro bulls found renewed hope, largely driven by expectations of a potential agreement in France that could prevent a total collapse of the country's...
GBP/USD Market Overview The GBP/USD market ended its downtrend last week, reaching a weekly high of 1.27151 before closing at 1.25752. The GBP/USD market faced selling pressure, which led to a break below a critical support level. Daily chart...
USD/JPY For this weekend and next week, I’m keeping a close watch on the USD/JPY pair, given the latest technical and fundamental developments. Technical Analysis: Support Resistance Levels: Right now, USD/JPY is trading near the middle of its...
