**EUR/USD Technical Analysis** **H-4 Timeframe Analysis** Last week, the euro was in an uptrend but failed to break the 1.0926 mark, from where the price attempted a breakout and began to strengthen. Repeated attempts were also unsuccessful,...
GBP/USD price climbs above 1.2747, it signals that buyers are aiming for a new uptrend toward the important 1.2753 resistance level. This level is crucial because it acts as a barrier to further price increases. If the price manages to surpass this...
The second chart you uploaded shows the EUR/GBP currency pair on a 1-hour timeframe. Here are the key observations and analysis points from this chart: 1. **Support and Resistance Zones**: - There is a clear support zone highlighted in blue around...
The critical resistance level to watch is $2,350, marking the top of the current trading range. Should gold manage to break above this level, it would signal a significant shift in market sentiment. Moreover, surpassing the $2,350 resistance...
Daily Time Frame Outlook: USDJPY on the daily timeframe shows significant bullish signs. One of the main indicators that supports this view is the position of the 50 EMA which is above the 100 EMA. This shows a strong bullish trend, considering that...