The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Greetings to all members of the live discussion and welcome to all visitors. I hope all is good. I will cover current market movements in the AUD/USD market. AUD/USD is trading at 0.6193 at the time...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Today, let's talk about the chart prepared in this time frame. Our objective today is to estimate future movements in the price of Crude oil. Crude oil is trading at 77.98 at the time of writing....
The euro experienced slight depreciation against the yen in early Asian trading on Wednesday, hovering around 162.60 yen, following a 1% surge in the previous session. Technical analysis on the daily chart reveals the pair remains within an...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...