The Euro (EUR) is looking vulnerable against the British Pound (GBP) after a corrective rally that started in mid-June. Analysts believe the EUR/GBP currency pair could be poised to resume its medium-term downtrend. EUR/GBP formed a bearish reversal...
## Analysis of AUD/USD on the Daily (D1) Time Frame ### Recent Price Movement In the past few days, the AUD/USD pair has been oscillating within various range zones on the daily (D1) time frame chart. This range-bound behavior is evident from the...
Technical Outlook of EUR/ EUR/GBP Prices were dominated by a bullish move of 61 on Friday. The price rose from the open at 0.8314 to a high of 0.8375. This certainly provides a decent profit for buyers who open positions at low levels. This rise is...
Unlocking Profit Potential in USD/ CAD I am currently analyzing the price action of the USD/CAD currency pair. There are two scenarios: ascend significantly or decline deeply to the bearish direction, approximately 750-800 points from our current...
The British Pound (GBP) is currently trading sideways against the US Dollar (USD) in the Asian session. This comes after a bounce earlier this week from a multi-day low near 1.26. The GBP/USD has been stuck in a familiar range for the past two...