The EUR/GBP currency pair continues to exhibit a bearish trend as price action remains subdued below the critical resistance level of 0.8288, which acts as a formidable barrier against upward movements. The inability of buyers to push the price...
The EUR/GBP pair is maintaining its position around the 0.8290 level during Friday's Asian session, consolidating the gains achieved in the previous trading period. The pair's upward movement has been influenced by persistent concerns regarding the...
The NZD/USD pair continues to struggle with bearish pressure, as price action remains firmly below the critical pivot level of 0.5765, which serves as a strong resistance point preventing any meaningful bullish recovery. As long as the price fails...
Last week, I observed a decline in the price, which broke the support level at 1.43284 and closed near the next support at 1.41117. I noted that the price did not test the support level below this point, which led me to prioritize a further decline...
The Japanese yen retained its bullish momentum during the European morning, bolstered by growing market consensus that the Bank of Japan (BoJ) will implement further interest rate hikes. This expectation was reinforced by the release of strong...