GBP/USD Technical Analysis H4 Chart On the hourly chart, GBP/USD is currently in a downtrend, indicating bearish momentum in the market. A lower high on the H4 chart confirms the downtrend. A break below 1.2640 could increase selling pressure and...
EURUSD TECHNICAL ANALYSIS The purpose of this article is to assess whether the EUR/USD currency pair will continue to experience an upward trend, considering that the release of fundamental NFP data is currently exerting pressure on it. Therefore, I...
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...
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...