The currency pair has shown modest gains, trading near the 0.6450 level during the early Asian session on Monday. This uptick has been primarily supported by weakness in the US Dollar (USD). However, lingering concerns about an economic slowdown in...
A significant bullish candlestick pattern has recently emerged within the support zone for EUR/USD, forming above the middle Bollinger Band and signaling a strong potential for upward movement. This technical setup suggests that the pair could...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
Technical analysis of XAUUSD Today I choose gold for technical analysis, the target market is currently in a downtrend and the price is rising. Gold is currently at support level; the price of gold rose from a support level in 2617 to a resistance...
On Friday, EUR/USD continued its uptrend after consolidating above the 323.6% Fibonacci retracement, but it was short-lived. The underlying information triggered a sharp bearish activation in the second half of the day, which quickly pulled the pair...