The USD/JPY H4 chart illustrates a clear downtrend, as indicated by the declining price action and the price consistently trading below the red moving average, which appears to be the 50-period SMA. This moving average has acted as dynamic...
General Points about GBPAUD: At this moment, the GBPAUD market has reached the 1.9647 level, and it could move further downward. Sellers are currently in control, pushing the price lower. Key support zones should be monitored as a potential...
Silent Points about GBPNZD: If we look at the overall market perspective for GBP/NZD, it seems to be moving in favor of the buyers. The currency pair has been showing bullish momentum recently, indicating that buyers are currently in control of the...
Gold Daily Time Chart Analysis Gold prices have been on a strong rise since mid-December but have since eased slightly. Prices strengthened earlier this week and are now at $2,900 an ounce. However, support above key levels is essential to sustain...
BJP/jPY is the most important pair in the grading market and GBP/JPY pair dipped toward the 187.40 support level in Tuesday’s Asian session, though the rebound lacked momentum, leaving prices hovering near multi-month troughs hit a day earlier....
