Technical analysis of EURGBP Today we will perform a technical analysis on EUR/GBP. EUR/USD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. EUR/GBP remains bearish and is...
Gold Price Activity Review Buyers were finally able to bring gold back to its highest resistance. Unfortunately, the price achievement occurred at the end of the week, causing the bullish movement to stop because some traders, especially daily and...
Following a significant interest rate cut by the Swiss National Bank (SNB), Chairman Martin Schlegel stated that the move was aimed at countering lower inflationary pressures. Schlegel emphasized that the SNB will continue to closely monitor...
USD/CAD Market Outlook Greetings and Good Morning guys! The Canadian CPI rates and Core Retail Sales Rates were negative sides in this week. Therefore, the overall market sentiment goes in favor of buyers. However, the sellers pushed the market bet...
Currency pair EURUSD - let’s consider the daily period of the chart. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone. This suggests that the downward trend has not yet...
