GBPUSD – The Currency Pair is in an Overbought Zone

29.05.2024
H4: The currency pair failed to consolidate above the level (+1/8). Currently, the price is in an overbought zone, which provides resistance throughout the area. Therefore, the price increase is accompanied by pullbacks. In the...
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EURUSD – Awaiting Resumption of Downward Movement

27.05.2024
H4: From the daily super trend line, the currency pair has shown a rebound upward, but the price has not managed to rise above the level (6/8). In this context, a scenario involving a price...
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USDJPY – Currency Pair Continues to Rise

24.05.2024
H4: The currency pair has overcome the main support/resistance level (4/8) and continues its slow upward movement. Currently, the price is testing the level (5/8), and we do not see any reaction yet. Given this...
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GBPUSD – Currency Pair in Overbought Territory

22.05.2024
H4: Having consolidated in the overbought zone, the currency pair continued to move upwards. The price is heading towards the (+1/8) mark. If this level does not stop the price, the next target will be...
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EURUSD – The Currency Pair May Continue to Rise

20.05.2024
H4: The currency pair has once again risen above the (6/8) mark and is now attempting to consolidate above this level. Against this backdrop, an intraday rise in quotations with an update of the local...
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