When analyzing the USD/JPY currency pair from a daily timeframe perspective, it becomes evident that the current market conditions are rather ambiguous and do not provide a clear direction for trading decisions. Upon closer examination, a key...
Technical Analysis of GBP/USDaily and Hourly Timeframes Daily Timeframe Overview Upon analyzing the GBP/USD pair on the daily timeframe, we observe that after a rebound from the local minimum of 1.2100, the British pound experienced a significant...
USD/CHF Technical Analysis: Right now, USD/CHF is stuck in a range between 0.8800 and 0.8900, showing some consolidation after recent volatility. Support Levels: 0.8800 and 0.8750 Resistance Levels: 0.8900 and 0.8950 Moving Averages: The 50-day...
ANALYSIS OF GBP/AUD PAIR. The GBP/AUD H4 chart exhibits a strong bullish momentum as the price has surged towards a significant resistance level at 2.0518, marking a critical zone where sellers might step in. The previous trend was...
The US dollar has recently been losing ground against the Japanese Yen, but the situation remains dynamic since Yen has now begun to return some of its previous profits. While registering this, the market is in a state of flow, and the general...
