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 (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
Chart the Market (11/08/2025)
Written on August 19, 2025 at 6:04 am, by
BTC, H4: Bitcoin (BTCUSD) has broken out strongly on the chart, surging to $121,805 which is piercing above the 0.382 Fibonacci retracement level at $121,678 and heading toward the 0.5 retracement at $124,400. This marks a decisive bullish move after a prolonged consolidation phase between roughly $118,305 and $115,100, with price breaking a descending resistanceContinue Reading
