The pair is facing a challenging road ahead, with a combination of economic uncertainties and key market factors likely to influence its trajectory. While there are some hopes for a rebound, the outlook for the Pound remains cautious due to ongoing...
After years of research I could find a better mix of simplicity of effiiciency than support or resistance levels. What is really great that with years of practice you become better at recognizing levels where price really tends to bounce or break...
Hello. Surprisingly, sellers were unable to update the current minimum at 1.03323 for the Euro, although there were only about 10 points left to it. On Friday, buyers actively went up, and today they continue to increase their positions. Now, to...
EUR/USD Technical Analysis: From what I’m seeing, EUR/USD is still stuck in a bearish trend, trading close to multi-week lows. Right now, resistance looks solid around 1.0475, and support is holding near 1.0330. The 200-period moving average on the...
The spot price is currently navigating a complex landscape, where a combination of central bank decisions, economic data, and technical indicators will determine its next move. While the pair has shown some signs of recovery in recent weeks, its...