GBP/USD Technical Analysis This week, the price trades within two channels, one of which is bearish, colored red and represents the price movement during the previous week, considered a bearish corrective movement. This means that we have a blue...
The USD/JPY is trading slightly below the critical 160 level at a moderate pace reported overpurchase situations; Sellers are waiting below 158.35-159.00 BoJ intervention is possible; U.S. core PCE inflation is due at 12:30 GMT Friday After a...
EUR/GBP H-1 TIME FRAME CHART. #EURGBP (Euro/British Pound). According to the technical analysis of the currency pair/instrument on the H1 timeframe, trading at lower quotations looks very reasonable. The algorithm for choosing the most attractive...
Certainly! Here's an expanded discussion on the EUR/USD currency pair, its current bearish trend, and the potential for significant movement in the coming days: ### EUR/USD Analysis: Current Trends and Future Projections #### Current Market...
The Euro/dollar currency pair experienced a third consecutive loss on Wednesday, as market sentiment turned negative following the EU parliamentary elections. The elections revealed a significant shift towards center-right and far-right parties...