EURGBP Daily Time Chart Analysis The EURGBP currency pair is under severe downward pressure. Expectations for an interest rate decision by the European Central Bank are fueling bearish sentiment. The currency pair fell by more than 1%. This...
Technical Analysis USD/JPY H-1 Chart The USD/JPY pair is trading below the opening level of 155.15 and below the daily Pivot level of 155.31. The main indicators show the south, and the price is trading below the MA72 trend line, where the volume...
The NZD/USD currency pair has continued its downward trend, declining for the fourth consecutive day and trading around the 0.5640 level during Thursday's European trading session. The New Zealand dollar (NZD) is facing persistent weakness,...
I observe that the AUDUSD pair extended its downward trajectory, testing the lower Bollinger Band at 0.6206, where buyers stepped in to trigger a bounce, signaling potential short-term support. I note that the Federal Reserve’s hawkish rhetoric on...
USD/JPY Key Price Levels The bearish trend direction is still running when observing the H1 time frame for the USDJPY pair. Allowing the price to test support at 153.98 so that the downward rally can move lower. If the price experiences a rejection...
