The price is currently positioned below the daily pivot point of 188.87. Additionally, the short-term moving average (MA) is situated below the long-term MA, indicating a bearish trend. The price is fluctuating between these two moving averages,...
GBPUSD Technical Analysis GBPUSD is trading around 1.2651 on the H1 timeframe, showing a bearish trend as the price remains below the 150-period moving average. The selling pressure has been dominant, leading to a decline from recent highs....
GBP/USD Technical Analysis As of now, the GBP/USD currency pair is trading around the 1.2600 level. However, it is struggling to break through the significant resistance level at 1.2650. This level has proven to be quite strong, which has limited...
The USD/JPY currency pair experienced a partial recovery from its recent losses during the European trading session on Wednesday, trading around the 149.40 level. However, the pair's potential for further upward movement appeared constrained by the...
Gold: Key Patterns and Signals The current topic of discussion is the analysis of gold price behavior. The demand for quotes has been maintained for quite a long time, and it's time to let off some steam. The beginning of the negotiation process...