GBPUSD currency pair, we can observe a five-wave bullish pattern, with the fifth wave currently reaching its conclusion. The weekly high has surpassed the previous month's peak, indicating a strong upward momentum. However, a bearish divergence has...
The current price action of the USDCHF pair suggests a corrective upward movement within an overall bearish trend. Here's a detailed analysis of the technical indicators and potential trading options: The price has recently crossed above the EMA 50...
The AUD/USD currency pair appears poised for potential growth from the 0.6760 range on Monday. While a minor downward correction may occur, the overall upward trend seems intact. If a false breakout of the 0.6755 level is observed, it could present...
USD/JPY H-1 Time Frame Chart #USDJPY (US Dollar / Japanese Yen). A very favorable trading situation is developing for the currency pair/instrument on the H1 time frame to trade in the sell direction. Three working indicators used for analysis -...
GBP/USD Analysis: Bulls Struggle Amid Overbought Conditions, Bearish Sentiments Loom: The GBP/USD currency pair has recently shown an upward trajectory but struggled to break through a strong resistance zone, revealing the bulls' weakness. This...