GBP/USD Fundamental Analysis: Lately, I’ve noticed a mix of signals impacting GBP/USD. UK GDP figures showed a slight contraction, raising concerns about economic growth. Still, better-than-expected retail sales data gave some hope. On the US...
Good Afternoon my all friends.The EUR/GBP chart indicates a strong bearish trend dominating the market since mid-2024, as evidenced by the price consistently staying below the Ichimoku Cloud. The Ichimoku Cloud, or Kumo, acts as a dynamic...
Crude oil prices have been trading below the pivot point of 71.00 since the start of the week. The prices have also been below the two moving average lines, but without a death cross signal. The trend has shifted to bearish, with the price...
Technical Analysis of EUR/USD (H1 Timeframe) The EUR/USD chart on the H1 timeframe highlights a bearish trend that has been dominant since early November. Below is a detailed breakdown of the key technical aspects: 1. Trend Analysis The red moving...
PAIR REVIEW USDJPY Best wishes for Sunday! Let’s analyze the daily chart of the USD/JPY currency pair and note that despite the southern correction that the bears are conducting, the pair remains in a clear upward daily trend and, the USD/JPY...
