On June 10th, 2024, the GBP/USD currency pair experienced a decline during the Asian trading session, indicating significant selling pressure in the market. This decline continued until it reached an important support level at 1.26871. However,...
USD/JPY Pair Analysis: Navigating The Consolidation Phase Today, the USD/JPY currency pair is experiencing typical movements, hovering around the 157.22 level. On the H4 chart, the pair is currently trapped between the critical levels of 155.26 and...
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...
Silver Price Outlook This discussion centers around analyzing the price behavior of silver. There is potential for growth above $29.81, making it an optimal time to consider buying. The recent decline paused near $29.08. If we surpass $30.41 and...
The price of the USDCHF currency pair has been fluctuating on the H4 timeframe, responding to signals from the stochastic oscillator indicator. When the indicator reached the overbought level, the price adjusted, leading to a range-bound market. The...