GBP/USD Weekly Outlook Current Status Last week, the GBP/USD currency pair experienced a modest increase, peaking at 1.2549. However, this upward momentum quickly faded, leading to a neutral trading bias as we enter the new week. Potential for...
GBP/USD Technical Analysis Gap Refill and Fibonacci Levels The GBP/USD currency pair has successfully refilled the gap from yesterday, marking a significant technical development. Today, the price action indicates a break above the 23.6% Fibonacci...
Fundamental Analysis of USD/JPY: Key Takeaways US Economic Data Recent US economic indicators showed mixed results. The ISM Non-Manufacturing PMI for January came in at 52.8, notably lower than the expected 54.3 and the previous value of 54.1....
WTI Crude Oil Daily Time Chart Analysis Crude oil is currently trading at $71.21. The market is giving mixed signals. Buyers and sellers are at war. The 20-day simple moving average (SMA) is at $73.50. The 50-day simple moving average (SMA) is at...
The USD/CHF currency pair has broken through a bearish trend line and has also breached the 50-period Exponential Moving Average (EMA). However, the market is currently trading below this EMA, indicating bearish pressure. The Relative Strength Index...
