Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. Market prices are rising, which is very helpful in increasing the market price. The market price broke out of this momentum level and then the market price failed to align...
The EUR/USD pair fell to 1.0504 on Thursday, influenced by investor reactions to the latest US inflation data. The November US Consumer Price Index (CPI) rose 0.3% month-on-month, in line with forecasts but indicating a slight acceleration from the...
European Commission to slap sanctions on Russian oil supplies European leaders are once again working on imposing restrictions against Russia. On November 27, the EU's new sanctions package against Russia reached the discussion stage. The measures...
TRADING CHART ON GBP/USD H1. The GBP/USD H1 chart demonstrates a consolidative phase following a notable downtrend, with the price currently hovering around 1.27484. The 200-period moving average (red line) is a critical level that the pair has...
The chart provided illustrates the price movements of gold on the H1 timeframe. The analysis below focuses on identifying trends, key support and resistance levels, and the implications of the technical indicators shown. Overview of the Current...