Technical analysis 28 May 2025 GBP/USD H-4 Good morning. Yesterday, buyers failed to continue developing the upward movement, and at least a correction to the current growth began. The first target for sellers is the 1.33898 mark; if it is possible...
I observe that the seller’s inability to break below the recent local low during yesterday’s trading session signals potential strength among buyers, even amid ongoing volatility. I recognize that the price swung aggressively within the established...
The USD/CAD pair is showing moderate strength in early trading on Wednesday, hovering around 1.3830 amid a favorable U.S. dollar fundamental. The U.S. dollar is benefiting from a notable increase in consumer confidence, with the Conference Board's...
The provided chart displays a 1-hour candlestick chart for the EUR/USD currency pair, sourced from OANDA, as of May 28, 2025. The EUR/USD pair, representing the exchange rate between the Euro and the U.S. Dollar, is currently at 1.13063, reflecting...
Forecast of USDJPY The USDJPY price is in a bullish trend on the smaller time frame charts. On the H4 time frame chart, the USDJPY changed its trend direction a few hours ago when the moving average lines crossed to the upside. Before this, the...