GBPUSD Technical Analysis The GBP/USD pair has clearly broken down, indicating a possible reversal in the market trend. The pair is currently trading above the major moving averages and the previous resistance area, hovering around the 1.2599 level....
USD/CHF Analysis Analyzing the USD/CHF currency pair requires understanding both the fundamental and technical factors influencing the market. This pair is significantly affected by global economic and geopolitical developments. Recently, Swiss...
Forecast of Silver By looking at the lower time frame charts, traders are uneasy about trading Silver in a single direction because the previous few candles' movement is along the 12, 26, and 50 EMA lines, which indicates that the trading activities...
Technical analysis of EURGBP Today we will be doing a technical analysis of EUR/GBP. The broader market has also broken support, which is now set as resistance, which will be the next level of support for the market. Market interest is waning. Maybe...
Hello. Yesterday, buyers pushed the price of the Pound a little further up, broke through the local maximum, but were unable to consolidate behind it. Let's see what kind of correction sellers can develop in the conditions of an upward trend. The...