EURUSD Technical Analysis EURUSD is currently trading around 1.04910, showing a strong bullish momentum on the H1 timeframe after breaking key resistance. The 150-period moving average is acting as support, while the RSI has reached overbought...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...
There is a fairly interesting price position in the EURJPY Market this time. It can be seen that the price is making a rejection set-up in the critical support area. EURJPY fell again in the market movement this Thursday. The price fell again until...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
USDCHF Technical Forecast The USD/CHF pair is facing significant pressure in the easy 50-pip range, so selling pressure could increase again after three consecutive increases. The fact that both factors remain below the threshold value indicates...
