GBP/USD The recent sharp reversal in the market has caught my attention, and I believe there is no reason now to rebuild the channel that was previously discussed. I think the 4-hour channel will continue to function within the same boundaries, and...
USDJPY currency pair - let’s consider the D1 period chart. The price sawed sideways for the main part of the last week and only at the end gave birth to some growth. The ascending wave structure can be said to be broken, at least by a couple of...
ANALYSIS OF USD/JPY PAIR. The USD/JPY H1 chart exhibits a notable downtrend over the past several weeks, with price action consistently moving below the 200-period moving average, confirming bearish sentiment. The most significant price drop...
Crude Oil Outlook The daily chart of USOIL reflects the ongoing battle between buyers and sellers, with crude oil trading around $69.29 per barrel. Recent price action has tested a key support level and is now showing signs of hesitation as buyers...
Let's focus on analyzing the live EUR/ USD currency pair pricing in our discussion. I allow for continued growth to resistance at 1.0455. The average moving line of the hourly period is also there. If the price bounces off the moving line, it will...
