THE CURRENCY PAIR GBP-USD The data came out interesting and, in my opinion, multidirectional; it was possible to choose in which direction to react. We chose the southern direction, and that’s good because I was in the mood for sales. Here, the...
To overcome these hurdles, a retest of the 1.0940 level is likely. Further gains could then target the 1.0980-1.1000 zone, a significant resistance area for traders. Conversely, if the euro falls below the 1.0814 support level, a breakout could...
The EURUSD currency pair has been on a downward trend recently, falling -1.57% from its peak to trough over the last few days. This decline is being attributed to a number of factors, including the EU parliamentary elections and the upcoming...
HAPPY KILLER EUR/USD TRADING DISCUSSION H4 Hour Timeframe Outlook: We just started working this week, but there is already a good combination to continue growth in EUR/USD. So it turns out that they will make a breakthrough again from the canal,...
Upon delving into the weekly time frame chart of GBPUSD, it becomes apparent that a surge in buying activity approximately four weeks ago precipitated a notable shift in market dynamics. This uptick in momentum propelled GBPUSD above the moving...