The GBP/JPY H1 chart reflects a downtrend with signs of consolidation around the 189.02 level. The price has consistently formed lower highs and lower lows, indicating that bearish pressure remains dominant. However, recent price action suggests a...
EURUSD Analysis The daily chart of the EUR/USD pair is showing an uptrend within an ascending channel, with price action consistently making higher highs and lower lows. The price is currently trading near the upper boundary of the ascending...
Technical Analysis and Trading Plan for AUD/USD Sideways Movement and Potential Breakout Currently, the AUD/USD pair is exhibiting sideways movement, indicating that the market has not yet decided on a clear direction. The moving averages remain...
26 February 2025 USD/JPY climbs to around 149.40 in Wednesday’s Asian session, up 0.23% on the day. The USD/JPY pair rebounds to near 149.40 during the Asian trading hours on Wednesday. However, the global risk-off sentiment and rising bet of more...
The crude oil (#CL) H1 chart presents a clear downward trend with occasional corrective movements. The price is currently at 69.08, having declined from previous levels, following a consistent pattern of lower highs and lower lows. The presence of...
