The escalating geopolitical tensions have significantly bolstered the US Dollar (USD), as investors flock to safer assets amid growing uncertainty. This heightened demand for the USD has placed downward pressure on the British Pound (GBP), creating...
GBP / USD; An hourly Time Frame Recommendation After checking the fundamental and technical factors of the last week, we can recognize that the USA news data failed to help the bears or sellers of GBPUSD. Despite some bearish expectations, the...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2600, and I’m seeing mixed signals on the charts. On the 4-hour timeframe, it’s stuck near the 50-day EMA, which suggests indecision in the market. Key resistance is at 1.2650—if...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5880 and the support level at 0.5804. Now that the market price has broken the support level and closed...
The pair currently exhibits a mixed outlook, influenced by uncertainties surrounding China’s economic health and potential shifts in US monetary policy. Market sentiment remains cautious as traders weigh China’s subdued stimulus measures against the...