As the price declines, it frequently interacts with the middle Bollinger Band before eventually breaking below it, signaling a potential bearish reversal. The lower Bollinger Band starts expanding downward, confirming increased selling pressure....
Based on observations of the movement and market conditions this week, it states that now the EURGBP currency pair which in last week's trading session managed to move towards a bearish trend and was able to move away from the highest level of...
EURUSD Daily Time Chart Analysis The EURUSD pair fell sharply below the 20-period simple moving average at 1.0480 on the 4-hour chart. The move comes after the White House’s decision to impose 10% tariffs on Chinese imports, adding to previous...
USD/JPY As of today, USD/JPY is showing some interesting movements driven by both fundamental and technical factors. Fundamental Analysis: Japan’s economy continues to show strength, which is putting upward pressure on the yen. Recent GDP data and...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0048 resistance and 2.0061 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
