Around mid-day on Monday, the price was testing support at 2.1836, which is the closest lower resistance from Monday's opening price of 2.1888. This support is also close to the 200-hour exponential moving average (EMA 200 H1) at 2.1844. With the...
GBP/USD Today, GBP/USD is moving cautiously, and I think this is because the market is waiting for some important economic updates. The UK’s unemployment rate figures are due, and I expect them to stay at 4.2%. If there’s any surprise in the data,...
Points Take Away about GBPUSD: The UK Flash Service and Manufacturing PMI make the GBPUSD buyers weak today. Hence, the price is trading around the support level of 1.2642. In the last week, the US PPI (Producer Price Index) and the Unemployment...
TRADING CHART ON USD/CHF H4. This chart shows the USD/CHF currency pair on the 4-hour timeframe, presenting price action with key indicators such as the Relative Strength Index (RSI), Money Flow Index (MFI), and a moving average. From mid-July to...
Hello. Buyers have started to actively meet sellers on the Euro, not allowing them to immediately go down to update the current minimum. On Friday, they were able to fix the price above the level of 1.05, and this morning they are trying to build...
