The GBP/USD currency pair is under continued downward pressure, with expectations of a decline ranging from 47 to 70 pips if the price remains below the crucial pivot point of 1.2536. This level serves as a strong resistance zone, and as long as the...
Analyzing GBP/USD Price Activity I am currently studying the ongoing GBP/USD currency pair price activity. The GBP/USD H4 chart showcases significant market activity within a well-defined range, with key levels of support and resistance providing...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
USD/CHF Analysis: Bearish Trend with Potential for Reversal Overview The USD/CHF currency pair has recently witnessed a significant crossover between the 50-period and 200-period Exponential Moving Averages (EMAs) on the H1 time frame. This...
USD/JPY Technical and Fundamental Analysis Technical Analysis: On the H4 timeframe, USD/JPY is in a downtrend, as the price is moving lower along a trendline. It is trading below the 200-day Simple Moving Average (SMA) and has formed a significant...
