EUR/USD Technical Analysis The EUR/USD currency pair remains in a downtrend on the 4-hour time frame. The market structure suggests that selling pressure is ongoing, as the pair is currently trading near the 50-day Simple Moving Average (SMA), which...
The EUR/GBP hourly chart demonstrates a compelling price action pattern, reflecting a mix of bearish and bullish dynamics over the observed period. From late November through early December 2024, the pair experienced a pronounced downtrend,...
The US dollar extended its recovery against the Japanese yen, breaking above the critical 158 yen level, signaling continued upward momentum. Currently, the pair is consolidating just below this line, seemingly waiting for a catalyst to guide its...
From my perspective, the EUR/GBP hourly chart reveals a fascinating progression of price behavior, marked by periods of consolidation and breakout. The chart highlights the effective use of Bollinger Bands, Standard Deviation, and Average True Range...
XAU/USD Technical Analysis and Market Sentiments Market Efficiency and Current Value Today, the XAU/USD market reached a low of 2659 and a high of 2674, and the current price is trading at 2669. The XAU/USD market tested the support level of 2660,...
