EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...
Technical analysis of the EURUSD pair 4-hour chart It is expected that we will have a bearish trend for the pair during this week, as the price succeeded in breaking the price channels on the daily chart. On the 4-hour chart, the price begins...
There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards, but it should be remembered that the main trend...
The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...