The EUR/USD pair showed signs of recovery on Wednesday, buoyed by a broader improvement in risk sentiment, which has kept the US Dollar under pressure. After ending a six-day losing streak, the Euro is attempting to stabilize, though it remains...
THE CURRENCY PAIR AUD-USD I expected the pair to grow towards the resistance at H4 0.6285, provided that in the event of a rollback to the balance of the day at 0.6160, they won't be able to break through it. The plan was to buy near the balance of...
The US dollar is currently facing significant pressure, with strong target levels across major currency pairs frequently being tested and broken. This situation is particularly evident with USD/CHF. I rely on the Fibonacci grid to identify key...
The EUR/GBP currency pair has been consistently declining since January 20th, encountering significant resistance near the downtrend line originating from the high of February 3, 2023. This sustained adherence to the downtrend line reinforces the...
I observe that the GBP/USD daily chart shows a prolonged downward price channel that was active from October to February, characterized by consistent lower highs and lows. This pattern reflects sustained bearish sentiment during that period. I note,...
