Catching the EUR/USD Drop: My Take on the Diverging Economies and Breaking Technical Levels. Fundamental Analysis: As I review the charts today, the EUR/USD pair has experienced significant downward pressure, primarily driven by the release of a...
USDCHF H4 Chart Analysis *Technical Overview* USDCHF is at 0.79526 on H4 after a sharp bullish spike. Price broke above the blue fast MA, black medium MA, and red slow MA. The last candle is a tall green candle with a long wick, showing aggressive...
XAU/USD Technical Analysisaily and H4 Chart Outlook Welcome to today’s technical outlook on Gold (XAU/USD). Today being Friday, the market witnessed massive volatility, primarily driven by the high-impact US Non-Farm Payrolls (NFP) report. The US...
GBPUSD Daily Analysis GBP/USD Falls Below 1.3400 as Strong US Jobs Report Revives Dollar Demand and Fed Tightening Expectations The British Pound came under renewed pressure on Friday, slipping below the 1.3400 threshold after a significantly...
Market Analysis The GBP/USD pair on the H1 timeframe presents a classic scenario of trend exhaustion followed by a sharp corrective move. Over the observed period from June 3 to June 5, the pair exhibited a gradual upward bias, forming a series of...