The EUR/USD pair closed the week down by approximately 200 basis points, primarily influenced by market adjustments before and after the Federal Open Market Committee's (FOMC) interest rate hike. The EUR/USD decline accelerated as the dollar...
GBP/USD H1 Outlook: RSI 40.89 Signals Bearish Momentum as MACD Remains Negative GBP/USD is trading at 1.33576 on the H1 chart. The visible indicators show a market with weak short-term momentum following its recent decline. RSI(14) is at 40.89,...
EUR/USD H1 (one hour) Technical Analysis: The EUR/USD 1-hour chart shows a clear two-phase structure: an initial period of sideways-to-slightly bullish trading around 1.1530–1.1560, followed by a sharp bearish displacement and then a gradual...
Analysis of the XAUUSD (Gold) H4 Chart The chart provided displays the price action of Gold versus the US Dollar (XAUUSD) on a 4-hour (H4) timeframe, spanning from mid-August to mid-September. Based on classical price action principles, the primary...
GBP/USD Daily Analysis – My Bias for the Week Ahead After taking a proper look at this Daily chart, I’m going into next week with a bearish bias on GBP/USD. What stands out to me first is the reaction from the upper side of the market. Price...
