Technical Analysis AUD/USD This descending price channel is even better visible on the daily chart, and it is very stable since the price movement in it has been going on since October last year, and therefore you should not tempt fate with the...
The EURUSD pair is still under pressure from the strengthening US Dollar. In the previous trading session, the price attempted to rise above the 1.0300 psychological level, but was blocked by the EMA 50 and only consolidated. The bearish trend is...
The British pound sterling (GBP) experienced a significant decline against major currencies on Friday, following the release of disappointing retail sales data from the Office for National Statistics. This data revealed a 0.3% contraction in retail...
The USD/CHF currency pair exhibited stability on Friday, trading near the 0.9110 level during the Asian session, following three consecutive days of decline. This stability occurred despite ongoing weakness in the US dollar, which continued to lose...
The GBP/USD market analysis highlights a bearish inclination, primarily dictated by the pivot point at 1.2205. This level represents a critical threshold, with downside momentum prevailing as long as the price remains below it. The RSI indicator’s...
