Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis; the market price is between 1.28480 resistance and 1.27180 support. Market price breaks below resistance and shifts from support to price action. However, if your market...
EUR/USD After the Swiss Bank cut the rate by 0.50% at once, this option can be considered in relation to the ECB, but only as an alternative. If the ECB cuts the rate by 0.5%, the rate will become 2.90%, given that inflation in Europe fluctuates...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 147.50, sitting just above a key support level at 147.00, which lines up with the 50-day moving average. This area seems to be attracting buyers, and the RSI, currently near 40,...
The USD CHF currency pair maintained its upward trend, staying above the Kumo cloud area. The price rose, reaching a high of 0.8892 and approaching the psychological level of around 0.8900. Although there was a downward correction in the Kumo cloud...
The Australian dollar (AUD) managed to rebound against the US dollar (USD) on Thursday, snapping a two-day losing streak. This modest recovery came despite mixed domestic employment data. While employment figures exceeded expectations, the...
