Hello, GBP/USD maintains a strong position near 1.2850 during the European trading hours on Wednesday. The US Dollar remains close to a three-month low due to concerns regarding a slowdown in US economic growth and new stimulus measures from China....
I believe the bears are firmly in control of the yen, as the recent price action clearly demonstrates. I observed that the bulls attempted to push the price back above the 200-day moving average but failed, which provided the bears with an...
EURUSD currency pair - let’s look at the D1 period chart again today. The wave structure is building its order upwards. The MACD indicator is growing in the upper zone and above its signal line. Until the middle of last week, the price tried to push...
Looking ahead, I expect the bears to continue their downward push. I believe we are likely to see a breakout of the 161.8% Fibonacci level at 148.43. If this happens, I think the next target will be yesterday’s low of 148.11. I am closely monitoring...
Technical analysis of GBPAUD Technical analysis, Choose GBP/AUD today. Currently, the market price is rising, but the trendline carrying it is being broken. After the trend line is broken, the market price will fall below it. On the trend line, the...
