GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
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...
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...
GBP/USD remains in a downward trajectory, with 1.2425 acting as a critical resistance level that continues to cap any bullish attempts. As long as the price remains below this threshold, the risk of a bearish continuation remains elevated, with...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
