GBP/USD Pair Analysis: Key Support Levels 1.2686 Dictates Future Movements The GBP/USD pair has shown notable activity at the beginning of the current week. Initially, the price dropped below the 1.2686 support level, indicating a sell breakout....
TODAY EUR/ USD ANALYSIS Good morning my friend, thank you for sharing your analysis. Monitoring the EurUsd pair from the 4-hour time frame chart tends to move up with a wider range than the previous week. It seems that the market situation...
USD/JPY PAIR REVIEW The Japanese yen rose to above 160.52 yen to the US dollar, rebounding slightly from its lowest levels in 38 years, benefiting mainly from a weaker dollar as weak US economic data reinforced expectations that the Federal Reserve...
GBP/USD PAIR REVIEW The price of the pound sterling remained stable at $1.27 on Thursday, near its highest level in three weeks, as voters cast their ballots in England, Scotland, Wales and Northern Ireland in the parliamentary elections. The...
Forex trading, a highly dynamic and liquid market, offers various strategies to traders looking to capitalize on currency fluctuations. Among these strategies, the trend-breaking strategy is notable for its approach to trading against established...