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 pair experienced a significant sell-off on Monday, reaching a three-week low near 1.0200 during the Asian trading session. This decline marks a near two-year low for the pair, with technical indicators suggesting the potential for...
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...
USD/JPY H-4 Time Frame Technical Analysis The Japanese Yen (JPY) faced intraday selling pressure on Friday, ending its two-day winning streak against the US Dollar (USD). The shift followed remarks by Bank of Japan (BOJ) Governor Kazuo Ueda, who...
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...
