Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
The GBP/USD pair has experienced a minor rebound from its Asian session lows, currently trading around the 1.2400 level, showing little change on the day. However, the pair's upside potential remains limited by the slight strengthening of the US...
GBP/USD GBP/USD, D1. Level 1.2459 on the daily chart still remains very strong for the bulls, and will most likely bounce down to 1.2398. Here, there will be a test for further movement in the southern direction, which could potentially reach...
USD/CHF For today’s analysis of USD/CHF, I’m seeing the pair trading around 0.9063, showing a modest upward movement. Technical Analysis: I’ve noticed that the USD/CHF has been on a steady uptrend since September 2024, closely mirroring the US...
GBP USD GBP to USD Exchange Rate: Current Trends and Analysis The GBP/USD exchange rate is one of the most traded currency pairs in the global forex market. It represents the value of one British pound (GBP) in terms of US dollars (USD). Traders,...