Technical Analysisound Sterling's Potential to Rise Above 1.2500 Introduction The Pound Sterling (GBP) has been experiencing volatility in recent times, particularly against its various peers. Investors are currently unsettled by the UK's economic...
Technical Analysis of USDJPY Pair: 4-Hour Chart Review As per the 4-hour chart analysis, the USDJPY currency pair has reached a significant support area, which coincides with the weekly pivot level and serves as a retest level of a previously broken...
USDJPY Technical Analysis USDJPY is currently trading around 152.37, showing signs of price consolidation after a recent bearish move. The 150-period moving average (MA) is providing strong dynamic support near 151.63, while the Relative Strength...
Oil prices have extended their decline for the fourth consecutive week, despite a brief upward correction earlier in the week. This report examines the current state of the U.S. oil market, key factors influencing global oil supply and demand, and...
GBP/USD On the 4-hour time frame, I observe that the Pound has started to roll back toward the central area of the bands after showing active movement along the upper band. I believe that in order to receive a new high-quality and more reliable...