GBP/USD OUTLOOK ANALYSIS: On the GBP/USD H4 time frame chart, the GBP/USD pair experienced a notable drop, which at first glance may seem unprovoked. However, a closer examination reveals that this movement is not entirely unexpected. While the fall...
AUD/JPY H4 MARKET ANALYSIS. The AUDJPY pair has the opportunity to continue its upward trend towards the resistance level of 102.12 if it remains above the two moving average lines. The price, which had previously decreased, has not reached the...
The Australian dollar fell during the week, likely influenced by the rate cut by the Reserve Bank of New Zealand, which also pushed the New Zealand dollar lower. As the Australian and New Zealand currencies tend to move in tandem, it is worth...
What You Need to Know About Triangle Patterns in Trading If you’re diving into technical analysis, you’ve probably come across something called the triangle pattern. It’s one of those handy tools traders use to predict future price movements, and...
USD/CHF technical analysis Today, I'm talking about the British pound. At the current market price of 0.8515, the price is at a solid support level. The price trend has been within its range for the past three days. After hitting a monthly high,...