From my perspective, the AUD/USD chart shown represents a clear example of how technical analysis can reveal market sentiment and guide trading decisions. Observing the hourly timeframe, it’s evident to me that the pair is entrenched in a sustained...
The NZD/JPY currency pair presents a mixed outlook based on its technical indicators. Currently, the pivot point is situated at 87.05, which is a crucial level in determining the direction of price movement. The first target for the price would be a...
After bottoming out just below the 1.2100 support, GBP/USD now regains some composure and attempt a modest rebound, although the British pound is expected to remain under pressure following the UK fiscal scenario and higher gilts From a technical...
From my perspective, the GBP/USD pair on the H1 timeframe showcases a clear bearish trend that has developed over the past sessions. The consistent formation of lower highs and lower lows suggests a dominant selling pressure, with buyers unable to...
From my perspective, analyzing the EUR/USD pair on the H1 timeframe suggests a market currently dominated by bearish sentiment, but signs of potential recovery are starting to emerge. The price has been in a clear downward trajectory, breaking key...
