The GBP/USD pair’s recent upward movement to the 1.32 level appears largely speculative, driven by short-term momentum rather than fundamental strength. Thursday’s bullish close, marked by a significant green candle with an upper shadow, suggests...
EURUSD CURRENCY PAIR ANALYSIS Hello to all forum members! Good morning. So we got an upward movement with a resistance breakout, which was seen by all market participants. I think that many people wanted to sell at the test of 1.0953, since the...
The British pound experienced a brief but significant dip below the 1.3200 threshold against the US dollar on Thursday, marking a six-month low. This decline, however, was quickly followed by a resurgence as the US dollar broadly weakened, driven by...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
EUR/USD Thursday! Updated the maximum at 1.0956. Now the price is at 1.1064 and it is above the XamaSystem indicator of the hourly period, which is now at 1.1032-1.0999. It is quite possible that today the growth will continue and we will see an...
