Analysis and general direction of movement of the Euro/US Dollar currency pair. Period of analysis – time-frame 4 hours. We will monitor the current market situation for the instrument, for which we will study in detail the indicators of the...
The bounce of the GBP/USD pair from the 1.2820 level yesterday is significant for several reasons. Firstly, this movement suggests that the 1.2820 level might serve as a strong support zone. Support zones are crucial in technical analysis because...
The Euro continues its downward spiral against the British Pound, reaching a new 22-month low of 0.8400 on Friday. This latest drop extends a three-month decline that began in April, when the pair traded above 0.8600. Political uncertainty in Europe...
The Japanese yen exchange rate against U.S. dollar debt. against the dollar seems unlikely until later this week. Immediately after the Bank of Japan’s June meeting, the USD/JPY pair rose to around 158.00, leaving interest rates unchanged....
The downward slope of the linear regression channel indicates the strength of the seller, who is trying to go down to the level of 0.89218. At the target level, movement inhibition will occur. Due to the weakening, due to the chosen volatility, it...