Today, I would like to draw attention to the daily period, where I observe that the bears are still firmly in control and continue to develop their downward direction. I believe there is still significant potential for further decline, as I...
USD/JPY Technical Analysis The USD/JPY pair shows a mixed market structure in the H4 timeframe. Structurally, the price is in an uptrend, but the overall trend is bearish as the second peak has not yet broken. The first resistance level is at...
US bond investors have reacted positively to the nomination of Scott Bessent as the new US Treasury Secretary, with expectations that his fiscal conservative stance will keep US deficits in check. This sentiment has contributed to the recent drop in...
EUR/USD experienced a notable intraday rally, rising by over 0.8% as market sentiment improved. Euro bulls found renewed hope, largely driven by expectations of a potential agreement in France that could prevent a total collapse of the country's...
GBP/USD Technical Analysis The GBP/USD pair trades near a key support level in the H4 timeframe. Market structure suggests that if this support level (1.2500) is broken, the trendline pushing prices higher will also be invalidated. However, if the...