Technical Analysis of GBPAUD Today, I will discuss the technical analysis for GBP/AUD. Currently, the market is experiencing a downward trend. We have a resistance point at 2. 0395 and a support level at 2. 0235. If the market falls below our...
US President Donald Trump’s recent comments about imposing reciprocal tariffs on all countries that impose import duties on the US have stoked fears of a broader global trade conflict. This heightened uncertainty is benefiting precious metals, with...
USDJPY Technical Analysis USDJPY is experiencing a strong downtrend, trading at 148.299 on the H1 timeframe. The price is well below the 150-period moving average (MA), confirming bearish momentum. The MA is sloping downward, signaling continuous...
GBP/USD Daily Chart: The GBP/USD market, at 1.27428 on the daily chart, is showing a strong uptrend. The steady upward movement indicates that the uptrend is continuing. The GBP/USD market is approaching the key resistance level at 1.27700. If the...
I observe that the EUR/GBP pair is currently under significant bearish pressure, with the downward trend gaining momentum on the daily chart. I believe this presents a profitable opportunity to consider short positions in the current trading...
