First, if the price breaks below the 168.02 level, it indicates that the sellers have gained control, and further decline is expected. This level acts as a critical support, and breaking it suggests that the market sentiment has turned bearish....
GBP/ USD/H4 There has still not been any significant price movement on the gbpusd market until tonight and the price is still in the sell block order area (1.2788 - 1.2801) and the buy block order area at (1.2646 - 1.2650). However, buyers seem to...
USD/ JPY Price Dynamics Currently, we are focusing on analysing the movement of the USD/JPY currency pair. There is a potential for a continued decline, possibly resulting in a false breakout at 157.55 before moving further downward. If the pair...
The USD/CHF currency pair experienced a notable upward movement, bouncing up and reaching approximately the 0.8970 level yesterday. This upward trajectory signifies a significant shift in market sentiment as buyers managed to drive the price higher,...
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