The euro traded relatively flat against the US dollar in early Asian trading on Thursday, hovering around the 1.0295 level. The dollar faced headwinds following the release of the US Consumer Price Index (CPI) data for December, which revealed...
The EUR/GBP exchange rate dipped slightly to around 0.8440 during North American trading on Wednesday, following a five-day rally. This upward trend was initially fueled by a surge in UK government bond yields. However, the momentum appears to be...
Technical Analysis AUD/USD H-1 Chart I am considering the Australian dollar/US dollar pair on the hourly chart. The pair was trading in the range near the support of 0.61950, and then there was a sell volume. This volume was taken out, and the pair...
GBP/USD H-1 Time Frame Tenical Analysis The GBP/USD chart on the H1 timeframe clearly shows the prevailing downtrend, characterized by consistently lower highs and lower lows, indicating a dominant bearish market sentiment. Between late November and...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good morning to all forum members. How are you today? Now I am observing the GBP/USD price in this time frame. Currently, the market price of GBP/USD is trading around the 1.2224 zone. At this time,...