GBP/USD Technical Analysis H4 Timeframe Outlook: Correction Losing Momentum Market Overview In the 4-hour chart, GBP/USD attempted to extend its corrective rally but faced resistance near the 1.2560 zone, slightly below the critical 1.2580 barrier....
Good afternoon, This week, the market experienced early downward correction sentiment which initially cast a shadow over the market. However, looking ahead to the next week, we may observe ongoing attempts at correction, even though the overall...
Good morning. The current market movement appears to be responding to prevailing conditions, with signs indicating an attempt to push prices lower and maintain the bearish trend, potentially continuing the downward momentum. Since the beginning of...
The USD/CHF pair maintains a bearish bias as long as the critical resistance at 0.8297 successfully contains upward movements. Recent market dynamics reflect persistent weakness in the American dollar, encouraging sellers to push the price further...
The White House has recently imposed new tariffs on Chinese ships docking at U.S. ports, a move that could disrupt global shipping lanes and escalate trade tensions between the two countries. Despite this, President Trump adopted a more conciliatory...
