The EUR/USD pair remains under pressure near the 1.0500 level during the early European session on Friday, as a broad US Dollar (USD) rebound weighs on the currency pair. Traders are adopting a cautious stance, refraining from aggressive positioning...
GBPUSD outlookThe GBPUSD currency pair is experiencing downward pressure primarily due to the robust performance of the US Dollar and worries regarding the economic conditions in the UK The Federal Reserve's aggressive monetary policy and the...
GBP/USD has surged to its highest level in two months, trading above 1.2650 in the European session on Friday. This upward momentum is largely driven by the stronger-than-expected UK Retail Sales data for January, which showed a robust increase of...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
