The British pound sterling (GBP) has staged a partial recovery against the US dollar (USD), with the daily chart showing a bullish hammer formation and a rise above the 1.3050 level, representing a gain of over 0.15%. This positive movement has been...
In the 4-hour time frame, the current market price action shows a strong uptrend, with both the price and the moving average moving upwards. A significant indicator of this bullish momentum is the price being above the 200-day simple moving average...
AUD/USD TECHNICAL ANALYSIS: On the AUD/USD H1 time frame from a technical perspective to better understand its current price movement. AUD/USD is trading at 0.6753, and recent price action has been largely influenced by the performance of the US...
AUD/USD Analysis We will likely continue to fall without a reversal to the north. We will move inside the confines of the channel, but how this movement will take place is another story. The price may maintain such a trend channel's upper or lower...
EUR/JPY Outlook Analysis On the EUR/JPY H4 time frame chart, the pair has shown a well-defined price movement recently. Last week, the EUR/JPY successfully completed a correction phase within the second part of a larger upward zigzag pattern. This...