Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the beginning of an upward wave that may reach the weekly resistance level of 1.2570. The price started trading this week with a downward price gap...
D-1 Chart Technical Outlook GBP The resistance level is 1.2523, it slows down the growth a little, and a reversal down to 1.2459 is possible from it. But it seems to me that this scenario will not work, and the market will break through 1.2523 to...
The EUR/USD pair fluctuates close to the weekly peak set earlier this Wednesday, and we cannot build on this week's strong rebound from the 1.0200 area or the lowest level since January 13. Due to conflicting fundamental signals, spot prices are...
USD/CHF Pair Price Activity From the movement structure that existed during the past week, at least it is still very clear that the USDCHF currency pair itself still has the opportunity to return to making an upward correction movement. However,...
The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) due to renewed concerns regarding trade tensions between the US and China. Despite positive domestic economic data, the AUD/USD pair struggled to maintain its...
