It should be mentioned that I am still unsure about the state of the EURGBP currency pair. In theory, nothing has changed, but we are still falling. The short-selling initiative has progressed to the 0.8530 region. However, since the pin bar is...
GBP/USD Technical Analysis: A Consolidating Market with Mixed Signals The GBP/USD pair appears to be in a consolidation phase, as shown in the provided 4-hour chart. The price is trading near the 1.3300 psychological level, with marginal movements...
EUR/USD Technical Analysis H-1 Chart EURUSD quotes continue to form a local downward channel, but I do not consider this a signal for further decline, since the price can still form a double top. The situation also depends on the news background,...
USD/JPY Faces Downward Pressure The daily chart for the USD/JPY currency pair reveals a recent period of downward momentum. Following a peak in late March, the pair has experienced a noticeable decline, breaking below key moving averages. The price...
The AUD/USD currency pair represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). It is one of the most actively traded currency pairs in the forex market, often influenced by global economic conditions, commodity...
