The foreign exchange pair GBPUSD recently showed significant movement, rising after failing to break through the previous low. This failure often suggests a potential reversal towards an upward trend. However, the key question is whether this...
AUD/USD From what I’m seeing, the AUD/USD pair is currently trading around 0.6820, showing a bit of upward momentum as it edges closer to the 0.6850 resistance level. If it manages to break above this zone, I think we could see it climb toward...
Technical analysis of Crude oil Today I choose crude oil for technical analysis. All market prices are currently in an uptrend, which is helping the price to move higher within the channel. Crude oil prices are currently hovering above support and...
Technical analysis of GBPJPY Today I chose GBP/JPY for technical analysis, after a few days the market price rose and broke all resistance levels. However, now that the market has broken the structure that pulled the price down, the market price is...
The GBP was slightly weaker in Monday's London session than its main rivals. A little rise in the Bank of England's (BoE) dovish wagers for 2025 contributes to the British currency's slight decline. A 53 basis point (bps) interest rate cut for the...
