After testing the key 1.2448 support level, the GBPUSD currency pair has staged an impressive rebound, rallying to the 1.2553 area in recent trading sessions. This bounce higher is likely the resumption of the broader uptrend that...
The EURUSD currency pair is once again facing resistance from the falling trendline visible on the 4-hour chart. This trendline will likely determine the pair’s near-term directional bias. As long as the trendline resistance holds on a...
The GBPUSD currency pair has broken below the rising trendline support visible on the 4-hour chart. This technical breakdown suggests that the recent upside move from the 1.2299 low has likely completed at the 1.2633 high. Deeper...
The USDJPY currency pair has extended its impressive upside move, rallying from the 151.86 low to a high of 155.69 in recent trading sessions. The bullish momentum shows no signs of letting up just yet. Further Upside...
The USDJPY currency pair extended its downside move from the 160.21 high to a low of 151.86 in recent trading sessions. However, the subsequent bounce from 151.86 has reached as high as 154.52, suggesting that the bearish...
The AUDUSD currency pair has broken out above the 0.6586 resistance level, extending its impressive upside move from the 0.6361 low to a high of 0.6646 in recent trading sessions. The pair is now trading within the...
The GBPUSD currency pair has broken out above the falling trendline resistance visible on the 4-hour chart. This technical breakout suggests that the recent downside move from the 1.2893 high has likely completed at the 1.2299 low....
The EURUSD currency pair has staged an impressive rally from the 1.0600 low, breaking above the 1.0752 resistance level and extending its upside move to test the falling trendline resistance visible on the 4-hour chart. However, the...
EURUSD’s price action faces a critical juncture, with a key resistance level potentially dictating the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios. EURUSD Encounters Resistance: Upside Potential on...
USDJPY’s price action has shifted, raising questions about the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios. USDJPY Breaks Key Levels: Potential Scenarios: Overall Sentiment: The technical outlook for...
