Analysis of GBP/USD Price Behavior Let’s delve into the price behavior of the GBP/USD currency pair. According to the H1 chart, GBP/USD appears poised for another upward movement, potentially targeting the reversal level at 1.3366 and possibly...
The currency pair is in a delicate situation as it tries to build on recent gains. During Friday's Asian session, the pair has been trading within a narrow range, maintaining levels above the critical 1.1100 mark. Traders are being cautious and are...
USD/JPY H4 Timeframe. The USD/JPY currency pair. The wave structure is currently built in a downward order, the MACD indicator is in the lower sales zone and again below its signal line. After the minimum of last August was updated, a bullish...
The GBP/USD currency pair recently formed an upward engulfing pattern, a bullish technical indicator that suggests the possibility of continued upward momentum. In this context, the price action indicates that buyers, or "longs," are likely to...
USDJPY H4 efore, we believe that the path is open to reach our first target at 114.55, noting that a breach of this level will extend the upside wave to 115.30, while stability above 113.56 represents the first protection factor for the continuation...