The provided GBP/USD H4 chart displays a strong downtrend over a prolonged period, characterized by lower highs and lower lows. The price action suggests a bearish market structure, where sellers dominated for several months. The 50-period moving...
The EUR/USD currency pair experienced a slight uptick during Asian trading hours on Thursday, edging up from a three-session losing streak and trading around the 1.0420 level. This modest rally can be attributed to a technical pullback in the US...
Hello. Buyers were eventually able to press this week and break through the historical maximum at 2790.03. And by the end of the week, they were able not only to stay above this level, but also above the round mark of 2800. I think that now there...
The USD/JPY pair on the H1 chart shows a recent attempt at recovery following a prolonged downtrend. The price has rebounded from a local low near 154.00 and is currently trading around 155.00. This suggests that the pair is testing a potential...
The EUR/GBP currency pair has been on a downward trend, declining for five consecutive trading sessions and currently trading around the 0.8380 level during early European trading hours on Wednesday. This sustained decline reflects a weakening euro...
