GBP/USD Technical Analysis The GBP/USD market is currently in a clear sell structure supported by a strong downtrend on the H4 timeframe. The price is trading below the 200-day Simple Moving Average (SMA), which is positioned below the 50-day SMA,...
The technical analysis of the NZD/JPY currency pair reveals that the market is likely to experience a decline in value, with potential movement of 53 to 79 pips. The pivot point is set at 88.21, which acts as a critical level for determining the...
GBPJPY TECHNICAL ANALYSIS GBPJPY price is above the 200 Exponential Moving Average (EMA) which indicates that the long-term trend is still bullish, indicating buyer dominance. However, when the price starts trying to fall to close the GAP on the H4...
From my perspective, the USD/CHF currency pair on the H1 chart currently presents a clear and structured trading opportunity, driven by a blend of bullish momentum and consolidation phases. By analyzing the price action and technical indicators, I...
NZD/JPY PAIR REVIEW Price of currency: NZD/JPY Previously at the beginning of the month the seller army tried to push the price down but was unable to penetrate the Simple Moving Average indicator. The price position has been getting higher...
