GBPUSD Daily Time Chart Analysis The daily chart of the GBP/USD pair shows that the descending channel has been broken. If the price breaks above the upper trendline of the channel, it signals a possible uptrend reversal. The rising prices suggest...
Forecast of Gold Gold showed bullish movement in the final candles of the H1 time frame chart after the opening of the trading market. As the price increased, Gold tested the 26 EMA line and the resistance level of 2905 two hours ago. After testing...
USD-JPY PAIR ANALYSIS After experiencing a spike to reach its highest level around 154.50, the price began to experience strong selling pressure and has now moved down to the range of 151.66. This trend change indicates a shift in market sentiment,...
Weekly Analysis of AUD/USD (February 17, 2025) Overview This analysis utilizes Elliott Wave theory, support and resistance levels, and the Simple Moving Average (SMA) indicator to evaluate the AUD/USD currency pair on the H4 timeframe. The price has...
EUR/JPY Outlook Good Morning! Today, the market of EUR/JPY can cross the 160.00 zone later, as bullish momentum remains strong. On Friday, it had reached the 159.74 zone, signaling that buyers were actively pushing the price higher. Given the recent...