EUR/USD daily H1 timeframe chart Greetings. In the H1 chart, a downward channel with a trajectory is evident, marked in blue in my drawing. The current decline hit EUR/USD daily H1 timeframe chart its lower boundary at 1.0709. Following this, the...
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...
The image depicts a candlestick chart of the GBP/USD currency pair, showcasing its price movements over a period. Here's a detailed analysis based on the chart: ### Overview The chart shows the daily price movements of the GBP/USD currency pair. Key...
Dollar Index (USDX) On Monday, the US dollar (USD) was mostly stable due to market risk aversion brought on by the political unrest in France. Investors fled France due to worries about President Emmanuel Macron's ability to handle the prospect of a...
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...