The technical dynamic for the GBP/USD pair heading into late August continues to display a dominant bullish structure despite Friday’s counter-intuitive price action. While the currency pair dipped during the final hours of trading, a upward...
GBPUSD Current Market Structure and Price Behavior GBPUSD is trading around 1.3544, showing a modest recovery after testing lower levels during the recent correction. The pair remains below the August peak near 1.3670, but the latest price action...
EUR/JPY TECHNICAL ANAYSIS M30 CHART *1. Trend Structure* EURJPY was in a mild ascending structure from 27 Aug 10:30 to 28 Aug 09:00, marked by the red trendline. Price made higher lows and pushed up to ∼185.942. After breaking below that trendline,...
GBPUSD H1 Chart Analysis: The GBP/USD pair attracts new sellers and turns negative for the third day in a row on Tuesday after rising early to the 1.35461 areas. Spot prices hit a four-day low during the first half of the European session due to the...
USD/JPY (1-Hour Chart) Technical Analysis The H1 chart shows a strong overall uptrend followed by a sharp pullback and potential short-term bounce. The blue and red diagonal lines overlaying the chart represent a ZigZag indicator, which highlights...
