Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
GBP/USD has remained in a well-defined downtrend, with 1.2425 acting as a significant resistance level that has repeatedly halted bullish attempts. As long as the price remains below this critical level, the risk of further downside pressure remains...
GOLD The pair was trading in an ascending trend channel. The lower boundaries of this trend channel were broken, the pair returned back to the range. After that, it broke through the upper boundaries of the trend channel. Near the resistance of...
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...
Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
