The AUD/USD pair has shown resilience despite a stronger US Dollar, recovering from two consecutive daily losses and approaching the 0.6300 level. However, caution is warranted from a technical standpoint. The pair faces critical support at 0.6087,...
The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
The GBP/USD pair remains under pressure near the 1.2400 level during the early European session on Monday, as the US Dollar maintains its strength amid heightened trade war concerns following President Trump’s latest tariff threats. The pair’s...
The EUR/USD H1 chart shows a market that has experienced significant fluctuations, with a recent tendency towards a pullback. The Bollinger Bands reveal an expansion phase followed by a contraction, indicating a period of increased volatility that...
