On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
EUR/JPY Price Movement Overview Good morning, friends! Let's stay motivated as we dive into the market today. The charts show upward and downward movements, hinting at renewed activity in the money market. So, what pairs are you focusing on today?...
Crude Oil Price Action Summary Our conversation today will center on the detailed price action outlook of Crude Oil. Today I would focus on the southern vector since it was in this direction that the active decline occurred yesterday. If we try to...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently locked in a tight range around the critical 1.2500 level, a psychologically significant price point for traders. Repeated attempts by the pair to break through this level,...
Gold’s price action on the four-hour chart reflects a strong uptrend, with consistently higher highs and higher lows. However, after reaching a peak near the 2743 level, the price appears to be experiencing a temporary pullback, likely due to...