The GBP/USD pair’s recent upward movement to the 1.32 level appears largely speculative, driven by short-term momentum rather than fundamental strength. Thursday’s bullish close, marked by a significant green candle with an upper shadow, suggests...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
The British pound experienced a brief but significant dip below the 1.3200 threshold against the US dollar on Thursday, marking a six-month low. This decline, however, was quickly followed by a resurgence as the US dollar broadly weakened, driven by...
I observed a remarkable surge in our ward’s performance yesterday, with the price reaching a peak of 1.0956 on Thursday. Currently, the price stands at 1.1064, comfortably above the XamaSystem indicator on the hourly chart, which is positioned...
The EUR/GBP currency pair exhibited stability around the 0.8420 level during Wednesday's Asian trading session, sustaining the upward momentum observed in the preceding trading period. This resilience is primarily attributed to the euro's...