The USD/JPY chart on the H1 timeframe reveals a clear downtrend, with the price currently at 151.86. The market has been experiencing strong bearish pressure, as seen in the lower highs and lower lows formation. Bollinger Bands show an expansion...
Today, an interesting gap formed on the USDCAD pair as the price sharply jumped to the resistance level of 1.4360, which marks the upper boundary of the current side channel. Despite this movement, the overall market structure remains unchanged....
EUR/USD: Tug of War Between Buyers and Sellers(February 10,2025) Dollar Keeps the Upper Hand The U.S. dollar remains in a strong position, fueled by fresh economic reports that keep rate-cut expectations in check. The latest jobs data came in...
Technical Analysis AUD/USD H-1 Chart The situation on the AUDUSD market. Comparing the current market price of 0.62769 with yesterday, on which I installed the Fibonacci grid. Combining high with the Fibonacci level of 100% (0.63026) and low with...
GBPUSD GBPUSD outlook: The GBP/USD pair is experiencing downward pressure as the U.S. Dollar continues to hold strong, benefiting from strong U.S. economic data and the Federal Reserve's hawkish stance. In contrast, the British Pound remains under...
