Hello, GBP/USD is under pressure below 1.2700 in European trading on Wednesday. UK data showed that annual CPI inflation rose to 2.6% in November from 2.3%, as expected. Investors are gearing up for the Fed’s monetary policy announcements. The...
USD / CHF: An hourly time Frame Road Map Yesterday, the USDCHF market reached the 0.8966 level, which represents a clear bullish scenario. This movement indicates that the bulls are currently in control, with significant upward momentum driving the...
Decoding Forex Pair: AUD/ USD We will discuss the price action analysis of the AUD/ USD currency pair in detail. The general trend direction is downward, and in addition, in the previous post, I said that if the diagonal triangle is broken upward,...
USD/CAD Here’s my take on USD/CAD for today: Technical Viewpoint: The pair is trading close to 1.3600, a key support level. If this level breaks, I expect the next support at 1.3550 to be tested. On the upside, 1.3660 is the immediate resistance,...
EUR/ USD Price Trends The analysis of the price behaviour of the EUR/ USD currency pair is up for discussion. I think that there will be south, maybe from levels higher than the current ones, but the closer to the end of the year, the less I expect...
