Analysis of GBP/USD Price Movement on H1 Timeframe The chart above illustrates the price movement of GBP/USD on the H1 (one-hour) timeframe. Over the past day, I have been closely monitoring the significant upward movement of GBP/USD. Initially, I...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
From a technical standpoint, I observe that the EUR/USD pair has reached a price level that is still worth considering as an entry point. Let’s analyze the EUR/USD 1-hour time frame chart before diving into the details. Upon reviewing the chart, we...
GBP/USDound Rises as Economic Data Shifts Market Sentiment(February 21,2025) Inflation Surprise Fuels Expectations One of the key drivers behind the Pound’s recent strength is the surprising inflation data for January. The Consumer Price Index...
USDJPY Technical Analysis USDJPY is facing bearish pressure, currently trading around 150.50 levels. The pair recently broke below a key support level at 150.80, indicating further downside potential. The 70-period moving average (MA) is acting as...
