Technical analysis of EURGBP Today I picked EUR/GBP for technical analysis and the market price fell one level and is now closer to the trend line, which is helping to push the price higher. After breaking the market resistance level at 0.8354, the...
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...
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The EUR/USD daily chart shows a strong bearish trend, with price action forming lower highs and lower lows. The red moving average (likely a 50-day or 100-day MA) has acted as dynamic resistance, with price rejecting it multiple times before...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...