The provided GBP/USD H4 chart showcases a prolonged downtrend that has persisted for months, with the price maintaining a steady decline from its peak. The chart also features a red moving average, which appears to be a simple moving average (SMA)...
Technical analysis of USDJPY Today we will do a technical analysis by looking at the chart of USD/JPY. The market is currently between its support level of 153.92 and resistance level of 155.14. Currently, the market is close to its support level,...
The Art and Science of GBP/USD Price Action In our discussion, we're analysing the current GBP/USD currency pair's pricing behavior. GBP/USD is displaying technical behaviour, though holding an open buy position might be concerning at this stage....
GBP/JPY Greetings and Good Morning guys! The UK news events can help fight buyers of GBP/JPY to cross the 193.31 zone successfully. So, we should trade carefully and must use stop loss with a proper money management plan. Also, corporate earnings...
The Australian dollar (AUD) has been under pressure against the US dollar (USD), experiencing a decline for the fourth consecutive day on Thursday. However, the release of positive Australian export price data provided a temporary reprieve, boosting...
