The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...
The USD/CHF currency pair has recently exhibited compelling trends on its daily (D1) timeframe chart, notably highlighting a noteworthy selling area forming around the 0.8923 level. This critical zone has become a focal point for traders, signaling...
In recent market movements, the EUR/USD currency pair has been under close scrutiny, particularly due to its notable fluctuations and the breach of significant support levels. Last week, traders and analysts observed a consistent downward trend in...
The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index, and the leading economic indicators index led to a surge in volatility, but that was...