On the hourly chart, the GBP/USD pair fell near the 1.2488 level on Tuesday, but has since recovered towards the 1.2611-1.2620 resistance zone. A fresh bounce from this zone would support the US dollar and lead to a decline towards the 1.2488 level....
EURUSD TECHNICAL ANALYSIS EURUSD price is still moving below the 200 Moving Average (MA), reflecting the long-term trend which is still bearish. However, price attempts to move up could indicate that buying pressure is starting to strengthen,...
GBPUSD TECHNICAL ANALYSIS Today GBP/USD is bullish but there is still a chance for it to fall again. reinforced by market conditions on the daily timeframe where there is a crossover between the MA 21 and MA 50 indicators. Even though the trend is...
The currency pair has remained relatively stable in recent trading, hovering around the 153.40 level after experiencing a brief dip to a two-week low of 152.97. This decline came amid growing optimism surrounding the possibility of a ceasefire...
The currency pair has been experiencing notable movements, trading around 0.8880 during the early European session on Tuesday. This is just below its recent high of 0.8959, recorded last Friday. As the Swiss Franc (CHF) faces increasing challenges,...