EUR/USD Greetings and Good Morning to everyone! The overall market sentiment of EUR/USD is still in favor of buyers. Becaue, the market cannot move one sideconsistentlyy. It has to complete a correction process effectively. So, I expect that the...
EUR/USD Currency Pair Analysis Overview of the EUR/USD Pair In this analysis, we will focus on the price action of the EUR/USD currency pair. Currently, on the M30 (30-minute) timeframe, the EUR/USD pair exhibits a clear upward channel marked by...
Analyzing the NZD/USD pair on the H1 timeframe reveals a market that has been trending downward, but with signs of a possible rebound in the short term. Based on my observations, the pair has experienced significant selling pressure over the past...
General Points about GBPUSD: The current behavior of the market indicates that GBP/USD has not yet overcome the pressure from sellers. Recent economic data, including the UK GDP and CPI events, have not provided significant advantages for buyers....
Let’s look at the D1 chart for the EURUSD currency pair again. The euro remained under pressure on Monday. The wave structure here is still building its downward order. The MACD indicator is in the lower sales zone and below its signal line. It is...