The GBP/USD 1-hour chart illustrates a strong uptrend that has recently faced some consolidation near the 1.32000 resistance level. After a clear upward movement starting around the 1.27500 area, where a 2 Bottom Liquidity zone provided support, the...
The EUR/USD pair experienced a brief respite from its recent downward trend, recovering slightly to around 1.1080 in early Asian trading on Friday. However, the upside potential for the pair remains limited as investors await key economic data from...
Update Analysis of EUR/USD Time frame H4:- Today, during the Asian session, the weather for the EUR/USD pair changed again, and the quotes strengthened after forming two candlesticks of uncertainty at the bottom of the “Inverted Hammer” and “Hammer”...
EUR-AUD PAIR MOVEMENT From the EurAud market trend that I have monitored since the beginning of the month, it has been running on the bullish side until it has successfully passed the simple moving average zone of period 100. When the market was...
Gold prices remain strong, rising even with positive US economic news. Normally, good economic data like the revised Q2 GDP growth and fewer unemployment claims would boost the US Dollar and increase Treasury yields, which usually puts pressure on...