GBP/USD Analysis: Bearish Momentum and Potential Support Levels Current Market Overview The GBP/USD pair has broken down from its trend channel on the H1 timeframe, signaling a clear bearish momentum. This movement follows a downside breakout of the...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is currently navigating a tough environment, caught between domestic economic pressures and global uncertainties. Here's a deeper dive into the factors impacting the AUD and the technical outlook...
USD/JPY Weekly Analysis: Breakout Chances Current Market Context The Japanese yen (JPY) has been moving within a relatively smooth or horizontal zone for some time. Recently, it surged above the 160 mark but has since begun to decline. Two months...
GBP/ USD Price Action Review In our discussion, we'll analyze the price movement outlook of the GBP/ USD currency pair in detail. Currently, for the second time this week, the bears are trying to seize the initiative during the Asian session; the...
Technical Indicators Analysis: Stochastic and RSI Indicators In the realm of technical analysis, the use of indicators is crucial for understanding market trends and making informed trading decisions. Two prominent indicators in this analysis are...