GBP/USD is currently positioned in a bearish structure, with 1.2425 acting as a critical resistance level, limiting any potential upside moves. As long as this level is not breached, the risk of a downward continuation remains elevated, with an...
EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
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...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
