Analysis of GBP/USD Price Movement on H1 Timeframe The chart above illustrates the price movement of GBP/USD on the H1 (one-hour) timeframe. Over the past day, I have been closely monitoring the significant upward movement of GBP/USD. Initially, I...
EUR/USD Analysisotential Downward Movement Ahead Introduction The EUR/USD currency pair has recently shown some significant fluctuations, especially after failing to break through the resistance area at 1.0408. Following this, we observed a...
The EUR/USD H4 chart shows a strong downtrend over the past several months, with a sharp decline from above 1.1200 to a low near 1.0150 before a recent recovery attempt. The 50-period moving average (red line) has consistently acted as dynamic...
On the one hand, nothing has changed for the EURUSD pair in the sense that the upward movement continued and yesterday, among other things, they grew quite well. Moreover, there is room to move further, because the platform in the area of 1.05350...
A portion of the significant intraday losses was recovered by the Japanese yen (JPY), but it is still weak as officials try to lower the rates on Japanese government bonds (JGBs). Higher long-term rates can actually put pressure on Japan's...
