Technical analysis of GBPAUD Now I will do a market analysis on the GBP/AUD pair. GBPAUD is the leading currency pair in the foreign exchange market. I am looking at the GBPAUD h1 timeframe chart. The market is currently in between support and...
EUR/USD slips out of 5 months RSI and MACD decrease in the reached territories. EUR/USD retreats after it has gained more than 5%since February 28, sending a market to a new five -month maximum to 1.0945. Technical oscillators also currently support...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
USD/CHF As of today, USD/CHF is trading around 0.8823, showing some bullish momentum. Technical Analysis: From what I’m seeing, the technical indicators are leaning towards a buy. Moving averages show 9 buy signals vs. 3 sell signals, and even the...
The GBP/USD pair continues to trade around the 1.2950 level on Thursday, as the US Dollar maintains its resilience amid cautious market sentiment. Despite its recent bullish momentum, the pair faces headwinds from safe-haven demand for the USD,...
