EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...
Technical analysis of the GBPUSD pair 1-hour chart For two previous trading days, the trend was down, and therefore trading was opened today within price channels with a downward trend. The price has moved in a sideways direction so far, and we...
The price test of 157.55 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell the dollar. As a result, the USD/JPY pair was down 50 pips. Last week's data and the Bank...
Euro analysis: EUR/USD, EUR/GBP, EUR/CHF UK data is in the spotlight again this week, with headline and core inflation expected to expand further on the progress made in April, but the Bank of England (BoE) remains highly focused on services...
EUR/USD Pair: The EUR/USD currency pair has shown interesting behavior in recent days. Yesterday, the pair almost managed to close the existing gap but failed. Today, there is anticipation that it will make another attempt to close this gap. If...