GBP/USD Analysis: By analyzing the GBP/USD chart on the 1-hour timeframe, we can see that, as expected, the price started to drop and fell by 100 pips, reaching 1.30845. With the U.S. Dollar Index (DXY) gaining strength, I expect further downside movement for GBP/USD in the short term. Keep an eye on the 1.30670 level for…
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Gold Analysis: By analyzing the $GOLD chart on the 2-hour timeframe, we can see that, as expected, after a brief correction, the price resumed its bullish move and successfully hit the first target at $4140, even reaching $4149 — just $7 away from the next target at $4156. Currently, gold is trading around $4127, with a…
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GBP/JPY Analysis: By analyzing the GBP/JPY chart on the 4-hour timeframe, we can see that after an initial drop to 202.330, the price bounced back to 203.070, retesting the previous supply zone. Now it looks like GBP/JPY is preparing for a deeper bearish move. The key condition for this downtrend to continue is a confirmed close…
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GBP/USD Analysis: By analyzing the GBP/USD chart on the 1-hour timeframe, we can see that, as expected, the price first dropped to the 1.31450 demand zone, then bounced and rallied up to 1.31850.After reaching this level, GBP/USD faced selling pressure and fell sharply to 1.31160, before recovering slightly to trade around 1.31600 now. If the price…
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Cardano Analysis: By analyzing the #Cardano chart on the 3-day timeframe, we can see that after dropping to $0.49, the price found strong demand and rallied up to $0.60.Currently, ADA is trading around $0.58, and we need to see if it can hold above $0.55. If it does, we can expect a bullish continuation toward the…
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Ethereum Analysis: By analyzing the Ethereum (ETH) chart on the weekly timeframe, we can see that after the previous analysis, the price started rising from $3300 and climbed up to $3700 before facing a correction. Currently, ETH is trading around $3500, and we’ll need to see if it can hold above $3300 in the next couple…
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Litecoin Analysis: By analyzing the #Litecoin chart on the weekly timeframe, we can see that after the last analysis, the price continued its rally from $88, hitting the targets of $97 and $106, and even reaching up to $114, coming close to the third target. Currently, $LTC is trading around $101, and it’s important to see…
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GBP/USD Analysis: : By analyzing the GBP/USD chart on the 1-hour timeframe, we can see that after climbing to 1.31900, the pair has entered a new bullish scenario and is now trading around 1.31700.I expect to see a minor pullback first, after which we’ll need to see if the price can hold above 1.31500 — if…
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GBP/JPY Analysis: By analyzing the GBP/JPY chart on the 4-hour timeframe, we can see that after an initial correction down to 200.315, the price found strong demand and invalidated the initial bearish scenario, climbing back up to the second key supply zone.Currently, the pair is trading around 202.95, and if it manages to stay below 203,…
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Gold Analysis: By analyzing the Gold (XAUUSD) chart on the 2-hour timeframe, we can see that after the last analysis, the price dropped from $3997 to $3984, then quickly found strong demand and started a powerful rally, breaking the $4040 resistance.At the moment, Gold has reached the $4100 zone. A short-term pullback from this level is…
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