The AUDNZD pair has essentially completed a retracement, with the price moving down from the FR 50 - 1.0972 level to the FR 61.8 - 1.0925 level. Additionally, the price that was rejected around the 200-day moving average has bounced back above the...
TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
GBP/USD Price Action Alert Our conversation revolves around GBP/USD's current pricing behavior, which we're analysing. As we approach the end of the trading week, with today being 26th December and tomorrow marking Friday’s market closure, the...
USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing a slight bullish bias. I’m keeping an eye on key support at 0.8520 and 0.8500, while resistance sits at 0.8580 and 0.8600. RSI is hovering near 55, suggesting mild...
The GBP/JPY pair appears to be trading in a bullish trend overall, as indicated by the price action moving above the red moving average line. This moving average acts as dynamic support and resistance, suggesting a continued upward trajectory. The...
