T E C H N I C A L _ A N A L Y S I S G B P / U S D Dear Sir or Madam, I would like to update my technical analysis of GBP/USD. I will consider the outlook for price action in the GBP/USD market. GBP/USD is currently moving at 1.2356. According to...
EURUSD EURUSD outlook: The EUR/USD pair is under pressure due to the US Dollar's strength and concerns regarding economic data from both regions. The European Central Bank (ECB) and the Federal Reserve continue to drive the direction of the pair....
I begin my analysis of the USD/JPY currency pair by focusing on its recent price action, particularly its interaction with key resistance and support levels. I observe that the pair initially rose strongly, reaching its target near 152.60 before...
The provided chart represents the H4 timeframe for GOLD, showing a strong bullish trend with a notable price increase. The price is currently trading near the 2919.33 level, which is a key resistance point, while the red moving average line suggests...
The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...