Monthly Archives: August 2025
Chart the Market (14/08/2025)
Written on August 19, 2025 at 6:07 am, by
USDJPY, H4: USD/JPY is under pressure after a false breakout was followed by a decisive move below its recent consolidation range, signaling further downside for the pair. Now trading at its lowest level this month, the pair is testing the 146.15 support. A break beneath this level would reinforce the bearish outlook and potentially accelerateContinue Reading
Chart the Market (13/08/2025)
Written on August 19, 2025 at 6:06 am, by
GBPUSD, H4: The GBP/USD pair has demonstrated notable resilience, rebounding sharply from its recent low of 1.3170 to establish firm support above the technically significant 61.8% Fibonacci retracement level at 1.3420. The currency pair extended its gains during the previous session, advancing 0.7% as bullish momentum continued to build. From a technical perspective, the outlookContinue Reading
Chart the Market (12/08/2025)
Written on August 19, 2025 at 6:05 am, by
GBPUSD, H4: The British pound has mounted a notable recovery against the U.S. dollar, successfully reversing its prior downtrend and establishing a new upward trajectory. The pair’s ability to consistently hold above the technically significant 61.8% Fibonacci retracement level at 1.3423 suggests underlying strength, though recent price action shows signs of potential fatigue as theContinue Reading
