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...
The technical analysis of the USDCAD currency pair on the H1 timeframe reveals several key insights regarding its price action and potential future movements. First, it's essential to identify significant levels of support and resistance on the...
The only European currency is aimed at the third consecutive day of slight losses, as the levels above 1.09 have so far accepted a difficult case. The development of the last few days has partially confirmed my ideas, as it is expressed in previous...
GBP/USD Here on the pound/US dollar pair, as I said, I will wait for the next week, most likely the bull and the bear will decide which of them is stronger and the price will continue to move. In general, if we talk specifically about this stage,...
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,...