Technical Analysis: EUR/USD EUR/USD declines to near 1.0450 as the US Dollar strengthens on risk-aversion mood. Market sentiment turned cautious after Trump imposed tariffs on Columbia overnight. Investors will keenly focus on the Fed’s and the...
GBP/USD Analysis Greetings and Good Morning to everyone! The bullish scenario had started on GBP/USD from the last week. Because, the US dollar faced negative news events related to the Trump Speak, Flash Manufacturing, and Unemployment in the last...
Have a great day everyone! I am observing the following situation on the GBPUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
AUD/USD Analysis The AUD/USD pair started the week lower, reversing Friday’s uptrend to fall to 0.6330, in line with the 50-day simple moving average (SMA) and the highest level since December 18. The decline was driven by risk aversion, weakening...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line, it...
