USD/JPY Technical Analysis H1 Timeframe Analysis On the hourly (H1) timeframe, USD/JPY is currently trading around 151.77. The price has been fluctuating near the 150-period moving average, which is acting as a dynamic support level. This suggests...
BTCUSD Daily Time Chart Analysis Bitcoin (BTCUSD) breached the crucial $92,000 support area on Monday. Despite Tuesday’s drop, the numbers are still at that crucial level. Bitcoin has been moving at a generally steady pace since November 19th. The...
The gold market continues to exhibit a robust bullish structure on the daily chart, anchored by a well-defined ascending price channel that has governed price action for over a year. This channel emerged following a decisive rebound from the...
General Points about GBPAUD: Right now, the GBPAUD market is moving around the 1.9826 level and appears to be in favor of sellers since the UK Pound is very weak today. Weakness in the GBP can be attributed to multiple factors, including economic...
AUDUSD Daily Time Chart Analysis AUDUSD is in a strong uptrend after bouncing off a 5-year low of 0.6087 earlier this week. The pair managed to break above the short-term simple moving average (SMA) on the 4-hour chart, signaling a resumption of...
