For the EUR/JPY currency pair, analysis on the hourly chart reveals that the price is currently within an ascending channel. This technical pattern indicates that the price has been moving upward within a defined range, marked by a trendline...
USDCHF H1 Analysis Market Overview The USDCHF pair is currently exhibiting a strong bearish trend on the H1 timeframe. Price action has formed lower highs and lower lows, indicating a sustained downward momentum. Key Levels Immediate Support:...
Technical Analysis of GBP/USD The pound rallied sharply last trading week, recouping most of its previous decline. After bouncing off the previous day’s support at 1.2667, the price managed to hold on to the next level at 1.2739 and continued the...
The EUR/USD currency pair maintained a narrow trading range above the critical 1.0900 support level during the European trading session on Monday. As investors await crucial economic data to shed light on the potential magnitude of the Federal...
### Bitcoin Technical Analysis and Forecast **Current Market Overview:** As of the latest data, Bitcoin (BTC) is trading within a consolidation phase after experiencing significant volatility in recent months. The cryptocurrency has been fluctuating...