In my analysis, I observe that divergences are present on the indicator, which suggests a potential shift in momentum. If the price breaks through the resistance level of 0.58290 and manages to close above this mark, I believe the next target for...
USDCHF Analysis Daily (D1) Overview: The USD/CHF currency pair has been trading below its moving averages and has recently broken through a key support level at 0.88650. Given that the pair is positioned below the moving averages and has breached...
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...
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,...
The EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...