GBPUSD M20: Range-Bound Until 1.34485 or 1.34845 Breaks, GBPUSD is trading at 1.34699 on the M20 chart and the market is currently closed. After a sharp rally from 1.34400, price ran into the grey supply zone at 1.34845 and rejected hard. Since then...
The GBP/USD pair experienced its primary directional movement for the week during Monday's session, when a single expansive bullish candle reclaimed the critical moving-average band that had capped every recovery attempt since mid-July before...
Observing the precious metals market, XAG/USD is currently changing hands around $62.76, reflecting robust upward momentum driven by surging industrial demand and heavy safe-haven allocations. During the ongoing session, the asset registered an...
Here’s how I’m reading EUR/JPY after that sharp yen move last week. The pair got hit hard and finally reached the 179.80–180.60 support area, which is the most important zone on the chart right now. The reaction from this area was aggressive, with...
Support Levels The primary support zone is located at 73.95 – 74.94, which represents the recent swing low region. The level 74.94 is the higher end of this cluster (also the closing price), while 73.95 is the ultimate line of defense shown on the...
