EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
GBP/USD continues to struggle against downward pressure, with 1.2425 serving as a major resistance level that has consistently rejected bullish advances. As long as price action remains below this key threshold, the probability of further declines...
General Points about NZDUSD: So far, NZDUSD buyers have recovered up to 60 pips of their losses because the market had dropped to the 0.5656 level on Friday. The significant level acted as a temporary support, allowing buyers to step in and push the...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...