Market Analysis: USD/JPY at a Critical Support Level Current Price and Market Context The USD/JPY pair is currently trading at 155.07 and is approaching a strong triple bottom level on the H1 timeframe. This level has emerged as a significant...
GBP/USD currently exhibits strong bearish characteristics that are aligned with the dynamics observed in EUR/USD, albeit with unique nuances. On the 4-hour chart, the pair has broken below a key structural support, signaling a shift in momentum as...
The AUD/USD exchange rate experienced a sharp decline during the North American trading session on Tuesday, falling to around 0.6220. This significant drop followed several failed attempts by the pair to break above the crucial resistance level of...
Euro faces resistance to 1.05: a potential short opportunity The Euro recently broke the level of 1.05, but the rally seems to have lost their breath because the currency hints at considerable resistance. This development has attracted the attention...
EUR/USD's recent break below its previous low signifies a pivotal moment in its market structure, suggesting a return to the supply zone that initiated this breakdown. This supply zone represents a critical area where bearish momentum was previously...
