In my analysis of the GBP/USD pair, I observe a clear and consistent downward movement on the four-hour chart. I believe the upward trend has been decisively broken, and the recent illogical growth appears to have concluded. Based on the actual data...
NZD/JPY (4-Hour Timeframe) Analysis Using ALMA, Keltner Channel, Bollinger Bands, AD, and CRSI The NZD/JPY pair is trading on the 4-hour timeframe at 86.894, with a recent high of 87.774 and a low of 83.145. The market has been volatile, with...
GBPUSD Weekly Technical Analysis The GBPUSD pair on the weekly timeframe is exhibiting signs of bearish pressure. The price has broken below a key support level and is currently hovering near 1.29137. The 70-period moving average is trending...
I observe the USD/JPY daily chart’s 1-2-3 pattern as a compelling technical structure, where the prolonged second wave spanning four months suggests a complex correction phase. I note that the recent price action above the 146.75 level adds...
EUR/USD You are right that both price movement scenarios should be taken into account. The EUR/USD price may rise or fall. Nobody knows the future. But at the same time, I only trade on forecasts. That is where the most reliable assumptions are...