The GBPJPY currency pair is currently experiencing a bearish trend, and a closer examination of the market conditions and indicators provides a solid basis for taking a sell position. As of now, the price stands at 188.78, which is notably below the...
The chart illustrates Bitcoin’s price action on the hourly timeframe, incorporating Bollinger Bands and the Stochastic Oscillator. Initially, Bitcoin traded within a relatively narrow range, fluctuating around the middle Bollinger Band. This...
market has developed successfully, and I can now see that the initial confusion I experienced has given way to a clearer understanding of the situation. I observe that the trend has reached a logical point at the resistance level, which is directed...
The price is currently positioned below the daily pivot point of 188.87. Additionally, the short-term moving average (MA) is situated below the long-term MA, indicating a bearish trend. The price is fluctuating between these two moving averages,...
Market Fundamentals: Hawkish remarks from Federal Reserve (Fed) officials continue to bolster the US Dollar (USD), as policymakers signal a cautious approach to monetary easing. Raphael Bostic, President of the Federal Reserve Bank of Atlanta,...
