The EURUSD breakout yesterday was relatively slow, only moving 27 pips after successfully breaking the trend line. This situation raises questions, especially for traders looking for significant momentum. Usually, breaking the trend line provides a...
Technical analysis of GBPUSD Today I chose GBP/USD for technical analysis and this time the market price of GBP/USD is falling. Helps pull down the market price trend line to force the market price. Market support fell below 1.2512, before closing...
The analysis of the GBP/JPY currency pair sheds light on the dynamics of global monetary policy and economic sentiment shaping its performance. Currently trading around the 195.40 level, the pair exhibits limited downside potential due to several...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. EUR/GBP margin prices are falling, which is helping to push prices lower from the trend line. This trendline helped push down the market price, and with the help of this...
The US Dollar Index (DXY) is trading tepid during the year-end holiday season, but is still holding near the top end of the 2024 chart. Market flows will soften next week as global market sessions are expected to take a mid-week break, which will...
