EURGBP Daily Time Chart Analysis The EUR/GBP pair is moving lower after rejecting the downtrend formed from January 23 to February 2, 2023. The pair is below three major moving averages, further strengthening the decline. However, sellers failed to...
Core Points about USDJPY: The USD/JPY market has been showing significant volatility, with sellers maintaining strong control. Last night, the market reached the 151.66 level, which indicates that sellers are still strong and pushing prices lower....
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2569, experiencing resistance near the recent highs. The daily chart suggests a potential slowdown in bullish momentum, while the H1 timeframe shows a pullback with price struggling to...
Weekly Analysis of USD/JPY Outlook Introduction As of yesterday, my expectation was for the USD/JPY currency pair to test the resistance level at 152.70. I had noted the potential for a pullback to the support level at 151.50 before a breakout above...
I observe that on the daily chart, gold formed an ascending price channel in early February last year, and it continues to trade within this structure, currently hovering near 2,934. I believe the technical setup here is compelling for bullish...
