The USD/JPY pair has been exhibiting a clear bearish trend over the past week, and I believe this downward momentum is likely to continue in the near term. Currently, the pair is trading below the daily Pivot level of 150.15 and the opening level of...
The USD/CAD H4 chart shows a clear uptrend followed by a strong reversal, with price action recently breaking below a key support level. The chart indicates that the price has been respecting an upward trajectory for several months, supported by a...
XAUUSD Technical Analysis Gold (XAUUSD) is currently trading near $2937, showing consolidation after a recent bullish move. The 150-period moving average (MA) on the H1 timeframe is positioned below the price, indicating short-term bullish control....
The EUR/USD H1 chart shows a complex interplay between key technical indicators, reflecting recent price action dynamics. The Bollinger Bands indicate volatility expansion following a prior period of contraction, suggesting that price action may...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
