The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
The US dollar has been strengthening after the NFP data report and positive US unemployment rate. The gold price, which almost reached the psychological level of $2,700, has fallen to $2,656. However, it is still far from the $2,600 psychological...
EUR/USD is forming a textbook morning star pattern that suggests a potential bottom An adverse confirmation could trigger a reversal in returns and risk assets Break above downtrend target resistance 1.0461; long ones are preferred over short ones...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning to all my companions. The topic I will be discussing in today's post is USD/JPY analysis in more detail. Let's discuss the current price changes in the USD/JPY market for today. USD/JPY...
TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
