The currency pair was initially trading within a descending trend channel, which is a typical market structure characterized by a series of lower highs and lower lows. In this scenario, traders often look for selling opportunities as the price...
EURGBP Daily Forecast The EUR/GBP pair continued its impressive rally on Monday, reaching a seven-month high of 0.8549. This vertical increase indicates a significant change in investor sentiment, as the pound’s risk sensitivity has prompted market...
The Euro is facing notable pressure ahead of the US trading session, slipping below the 1.0890 mark as of Monday. This decline comes after reports that President Trump is considering the implementation of universal tariffs on only critical imports,...
Market Overview Of USD/CHF The USD/CHF has experienced significant downside pressure over the past several sessions, most notably between April 2nd and April 4th. This decline took the price from a local high near 0.88552 down to a low of 0.84510,...
I am noticing that the recent change in the market situation is creating turbulence and increasing volatility, which I find especially favorable for short-term trading opportunities throughout the day. I am also aware that the US dollar continues to...