H-1 Chart Technical Outlook EUR/USD In my opinion, on the contrary, if the CPI (inflation) indicator had increased, the Fed would have stopped cutting rates. Now the inflation data show a slight increase in the level of the overall annual CPI. The...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 148.50, and I’m seeing bullish momentum holding steady. The key support level is at 148.00, which aligns with the 50-day moving average. If the pair breaks below this, it could head...
Crude Oil Technical Analysis H1 Timeframe Crude oil prices are showing a strong bullish trend in the H1 timeframe. The current market structure is in line with the upward trend, confirming that buyers are in control. The price is trading above both...
EUR-GBP PAIR ANALYSIS Looking at the price movement on Tuesday, this pair also started the movement by consolidating for quite a long time around its daily open which opened yesterday morning at a price of 0.8274. Buyers occasionally tried to push...
General points about GBPUSD: Today, the trend in the GBPUSD market appears to be favoring buyers. The pair is showing potential for upward movement and could move above the 1.2767 level. This signals a favorable outlook for bullish traders who might...
