GBP/USD Technical Analysis: On the 4-hour time frame for GBP/USD, the market is currently following a clear sell trend. The price is trading below both the 200-day and 50-day Simple Moving Averages (SMAs), indicating a bearish market structure. The...
During my daily study of major currency markets, the USD/JPY pair caught my attention because we are close to breaking out. If we can break above a big support level just above, the market will go much higher. If we can break above the ¥158 level,...
The US dollar continued its gains against the Japanese yen, supported by rising yields in the bond market. The 158 yen level, once a critical resistance point, now appears to be in the rearview mirror. As the pair strengthens, short-term dips shape...
GOLD GOLD, As you can see, it was not possible to go below my level, around which they were spinning for a very long time. Now the movement to 2679.84 will go and have already come very close to this resistance line for a breakout and exit to...
GBP/JPY ANALYSIS Tonight I will also try to analyze the GBP/JPY currency pair using the H4 timeframe, The current price has successfully penetrated and remained below the Moving Average Indicator period 21 and also the Moving Average Indicator...
