PAIR REVIEW EURGBP For the EUR/GBP currency pair, it is appropriate to consider the senior daily period of this pair at the moment. The wave structure is building its order downwards. The MACD indicator is decreasing in the lower sales zone and...
Technical analysis AUD/USD H-4 The Australian dollar is also believed to be on the rise as commodity prices there have fallen. Because of the disappointing news from China. The Australian dollar is falling not only against the dollar but also...
Silver price bounces back to near $31.00 after the US inflation report, which showed that price pressures remain sticky. Annual headline and core CPI rose by 2.6% and 3.3%, respectively, as expected. The optimism on Trump trades will keep the Silver...
Forecast of USDJPY According to the USDJPY's H1 time frame chart, the RSI indicator tested the overbought level a few hours ago, which is why the USDJPY price fell in response to the price adjustment. There are higher odds that the price will rise...
General Points of GBPUSD: The recent U.S. elections have significantly strengthened the Dollar, leading to shifts in major currency pairs like GBPUSD. The GBPUSD market has now reached the 1.2747 level, which signals an impactful shift. This level...