GBP/USD has remained in a well-defined downtrend, with 1.2425 acting as a significant resistance level that has repeatedly halted bullish attempts. As long as the price remains below this critical level, the risk of further downside pressure remains...
USD/JPY is currently at a crucial juncture, with 151.80 serving as a key pivot level that will determine the pair’s next major move. The formation of a support base at this level has allowed for temporary price stabilization, and if buyers maintain...
Weekly Analysis of AUD/USD Movement Overview of AUD/USD Performance The Australian Dollar (AUD) has shown a strong recovery against the US Dollar (USD), bouncing back to approximately 0.6280 after a weaker opening at around 0.6235 during Monday's...
Weekly Analysis of GBPJPY: Chart Patterns and Trading Strategies Forex trading offers a plethora of currency pairs, each with its unique characteristics. Among these, GBPJPY stands out due to its distinct chart patterns that can lead to consistent...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
