Good morning all forum friends, I hope you all are fine and enjoying this analysis. Today, we’ll take a closer look at the GBP/AUD pair on the H4 time frame, where the British pound has weakened against the Australian dollar after a period of...
EUR/USD Currency Pair Overview The EUR/USD currency pair is currently trading around 1.6316, with a prevailing bearish market trend. This indicates that the euro has been consistently weakening against the U.S. dollar in recent sessions. A bearish...
GBP-CHF Market Analysis The GBP-CHF market is currently showing sideways movement. The price has remained largely confined around the daily open of Wednesday, which stood at 1.1240. This followed a day of trading where negative price movement...
For Eur/Nzd the H4 time frame reveals that the bearish trend remains evident, with the price consistently trading below the EMA 200 H4, indicating a bearish bias. Despite this, the two smaller EMAs in the same timeframe have not fully reacted to the...
USD/JPY Market Analysis Current Market Situation The USD/JPY currency pair has recently breached the support level of 144.53, indicating a potential continuation of the downtrend. Following this breakout, the pair experienced a decline of 99 points...