GBP USD Technical Analysis Four-hour chart: If we look at the market price, which is the four-hour time frame, the market price is currently above the 50-day simple moving average. This is the first indication that the market is currently at the...
EUR/USD Technical Analysis One Day chart: If we look at the market price in a one-day time frame, the prices are going down. If we look at it with the help of structure, the market is currently in a selling trend, and the market structure is also...
GBPUSD TECHNICAL ANALYSIS A week ago, the British pound started to rise again, but fell after reaching a local high. The price reached a clear resistance level before dropping to 1.2800, but then started to rise again this week. It lost part of its...
The currency pair experienced a notable decline during US trading hours on Monday, softening to around the 149.60 mark. The price gained strength following comments from Bank of Japan (BoJ) Governor Kazuo Ueda, which were interpreted as increasing...
USD/CHF Technical Analysis The bears were unable to maintain price well below the moving average trend line at the start of the week in the 4H chart and now price is well above the 14-period simple moving average trend line. The current candle is...
