GBPUSD remains in an uptrend that began at 1.2535, continuing to trade above the rising trend line on the 4-hour chart. This technical analysis explores the potential scenarios based on the current price action and key support...
EURUSD has taken a sharp turn lower, breaking below the rising trend line that had been guiding its recent ascent on the 4-hour chart. This raises concerns about a potential trend reversal, but it’s crucial to analyze...
EURUSD has staged a dramatic turnaround, breaking above the falling trend line on the 4-hour chart. This move raises the question: is the recent downtrend truly over, or are we witnessing a temporary pause? Uptrend Confirmed: Downturn...
EURUSD has staged a bounce from its recent low of 1.0694, but faces a critical hurdle at the falling trend line on the 4-hour chart. This resistance level will determine whether the recent uptick signals a trend...
EURUSD faces a critical decision point, hovering near the key resistance level of 1.0805. Let’s dissect the technicals to understand whether a breakout or a retreat within the established downtrend is more likely. Upside Potential: Breakout or...
EURUSD finds itself caught in a tug-of-war between bulls and bears, oscillating within a trading range of 1.0694 and 1.0805. Let’s dissect the technicals to understand whether this signifies a pause in the downtrend or simply a...
EURUSD remains trapped beneath a bearish technical picture, raising concerns about further declines. Let’s analyze the key levels and potential scenarios based on current technicals. Downtrend in Play: Key Support Levels to Watch Hope for Consolidation or...
The EURUSD pair has taken a tumble, breaking below the key support level of 1.0723 and extending its decline from 1.1139 to reach a new low of 1.0700. Let’s break down the technical analysis to understand where...
EURUSD has found temporary relief at the 1.0723 support level, bouncing back to reach 1.0783. This raises the question: is a period of consolidation brewing, or will the downtrend from 1.1139 resume soon? Let’s analyze the technicals...
The EURUSD pair has plunged below the lower trendline of its 4-hour falling price channel, extending its decline to reach 1.0723, where it encounters the key support level of December 8th, 2023 low. Let’s analyze the technical...
