GBPUSD Technical Analysis The GBPUSD pair is in a downtrend, trading below the 150-period moving average (blue line) on the H1 timeframe. The price has recently broken below the 1.29365 resistance zone, confirming bearish momentum. A strong...
USDJPY Trading Analysis The USDJPY pair is trading at 150.19, positioned close to a key resistance level of 150.60. The Alligator indicator suggests a strong trend, with the jaws (green line) of the Alligator widening, indicating that the market is...
Chart Overview The chart, displayed on the Oanda trading platform, tracks the gold spot price against the U.S. dollar over a few days in March 2025. Each candlestick represents 30 minutes of trading, showing opening, closing, high, and low prices,...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; if the market price is seen in the 1-hour chart frame, then the price is falling, which helps the price to pull the trend line lower. The market price broke the friendly...
I begin my analysis of the AUDUSD currency pair by observing its current position at 0.63290, which appears favorable for long entries based on the proximity to the Bollinger Bands’ upper target of 0.63343. I note that the Bollinger Bands’ dynamic...
