On Friday, the GBP/USD currency pair closed with a bullish candle, which indicates a positive sentiment in the market. However, it also displayed a shadow at the top of the candle, suggesting that although buyers were able to push the price higher,...
In my analysis of the current market situation for Bitcoin, I observe that the downward trend continues to dominate. I previously predicted a decline to the round price mark of 80,000, followed by a drop to 78,000, and this forecast has nearly...
EUR/USD Outlook Good Morning, guys! The ECB's President's speech might help the buyers to remain stable this week, providing support for the EUR/USD pair. On Friday, the market successfully crossed the 1.0832 zone, indicating strong buying...
Technical Analysis of GBP/USDaily and Hourly Timeframes Daily Timeframe Overview Upon analyzing the GBP/USD pair on the daily timeframe, we observe that after a rebound from the local minimum of 1.2100, the British pound experienced a significant...
USD/CHF Technical Analysis: Right now, USD/CHF is stuck in a range between 0.8800 and 0.8900, showing some consolidation after recent volatility. Support Levels: 0.8800 and 0.8750 Resistance Levels: 0.8900 and 0.8950 Moving Averages: The 50-day...
