The EUR/USD H1 chart displays a clear structure of price movement, incorporating trends, support/resistance levels, and a moving average for directional guidance. The price action reveals a prior downtrend from late December through early January,...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is bearish, which helps to reduce costs. Currently, the market price is expected to fall further toward the moving average after breaking below the 50-day...
The AUD/USD currency pair is currently exhibiting a period of consolidation after recovering from a recent decline. The price is trading around the 0.6275 level, hovering near a key resistance area. Observing the Bollinger Bands, the price remains...
Weekly Analysis of GBP/JPY Current Market Overview This week, GBP/JPY experienced a notable price drop following the release of the ISM news. Currently, the price is hovering around a significant support level, which may indicate a potential...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
