Reading the EUR/USD Prices Let's discuss how the EUR/USD currency pair's price has been behaving and what analysis can be drawn from it. The EUR/USD currency pair is currently trading within a symmetrical triangle pattern on the 4-hour chart,...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
GBP/USD has remained in a strong downward trend, with 1.2425 acting as a key resistance level that has prevented any sustained bullish momentum. As long as this level remains unbroken, the risk of further declines remains elevated, with 1.2360 and...
USD/JPY has shown strong price action around the 151.80 pivot level, reinforcing the possibility of an upward movement of 69 to 134 pips, with targets at 152.85 and 153.50. The presence of a firm support base at 151.80 indicates that buyers are...
The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
