As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...
The AUD/USD pair continues to demonstrate resilience, maintaining a strong position above the pivotal support level of 0.6265. This level is crucial in shaping the market’s directional bias, with sustained price action above it reinforcing a bullish...
Following a shaky beginning around 1.0280, the EUR/USD bounces back to roughly 1.0330 during Monday's European session. Due to increasing concerns about tariffs by US President Donald Trump, investors fled to the safe-haven fleet, causing the main...
Currency pair AUDUSD - let’s consider the chart of the D1 period. The first week of February trading passed; earlier, January passed, showing movements in various directions. There was a good upward correction which was preceded by a bullish...
The USD/CHF currency pair is currently positioned for a potential upward movement, with an expected increase ranging between 38 and 58 pips, based on technical indicators and market trends. This forecast is primarily driven by the pivot level at...
