The economic events are poised to be pivotal in determining the future direction of this currency pair. The pair is currently supported by reduced expectations that the Bank of England will cut rates shortly. Recent data revealed that underlying...
GBP/USD Technical Analysis and Forecast The GBP/USD price is experiencing bearish momentum, trading around 1.29011. The GBP/USD market is struggling to maintain stability above the support level of 1.29000 and is trying to break below it. In the H1...
EURUSD Technical Analysis The EURUSD pair remains in a downtrend, as indicated by its position below the 150-period moving average (blue line) on the H1 timeframe. The price action shows a series of lower highs and lower lows, confirming bearish...
USDCHF DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations . USDCHF has an interesting setup for our daily trading. Where in yesterday's trading USDCHF...
USD/JPY Technical Analysis and Forecast H1 Chart: The USD/JPY market is in an uptrend, with price action reflecting vigorous market activity. The USD/JPY market rose to 150.627 earlier today, indicating intense buying pressure. However, after...