Forecast for GBP/USD on May 29, 2025 On an hourly chart, the GBP/USD pair fell to 1.3425 level on Wednesday. This level will favor a rebound pound and potentially moves at 1.3520 to 161.8% fibonacci retracement. A consolidation below 1.3425 will...
The (AUD/USD) pair is currently trading around the 0.6410 level on Thursday, experiencing a fading of its earlier upward momentum. Technical analysis on the daily chart indicates that the pair has broken below the lower boundary of an emerging...
I observe the EURJPY trading at 163.592, positioned below the fast 10-period moving average, which signals potential weakness and presents an opportunity for short positions. I am targeting an entry at 163.870, selected from the levels 163.790,...
USDCHF Technical Analysis May 29, 2025 Technically, I see that the USDCHF pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame USDCHF chart image before we...
USDCAD Technical Analysis I am talking about USDCAD today. Yesterday, the market price hit a new high. The price rebounded after reaching new support and resistance levels. Due to strong resistance, the price is forced back to the support level. The...