Greetings to all traders! I hope your trading week has been fruitful. This week, the British pound (GBP) experienced a brief pause after its rapid growth the week before. The GBP/USD currency pair entered a consolidation phase, with the price...
I observe that the EURUSD pair is currently trading above its moving averages, signaling a bullish shift as the prior downward trend has been invalidated. I note that the recent breakout above resistance at 1.07766 reinforces this upward momentum,...
The EUR/NZD currency pair is experiencing bearish momentum as long as the price remains below the key resistance level of 1.8968. Market conditions indicate continued selling pressure, with technical indicators showing a lack of bullish strength in...
I extend my sincere greetings to you, windnata, and I hope your trading week has been productive. I observe that the pound has taken a pause after its rapid growth the previous week, entering a flat phase with a limited price range. I note that...
The EUR/AUD currency pair remains under bearish pressure as long as the price continues trading below the crucial resistance level of 1.7244 in the current market session. Traders closely monitor price action to determine whether the pair will...