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Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of an upward wave after the price succeeded in breaking the white triangle upwards. During this week, trading opened with a price gap...
The GBP/JPY pair continues to exhibit structural weakness, with a strong probability of further declines ranging between 110 and 160 pips, provided that the price remains capped below the critical resistance level of 191.28. This resistance level...
The British pound (GBP) is at a critical juncture against the US dollar (USD) as the Bank of England (BoE) prepares to announce its latest monetary policy decision. The pound is hovering near the 1.2500 psychological barrier, which also coincides...
General Points about EURUSD: Considering the current trend of the EUR/USD market, I believe it has the potential to move higher and break the 1.0455 level. The market sentiment appears to favor the euro, especially as recent economic data from the...