Last week, I observed a decline in the price, which broke the support level at 1.43284 and closed near the next support at 1.41117. I noted that the price did not test the support level below this point, which led me to prioritize a further decline...
The EUR/GBP currency pair continues to struggle under bearish pressure, with the price consistently failing to break above the key resistance level of 0.8288. This resistance level serves as a critical barrier preventing any sustained upward...
The NZD/USD pair continues to struggle with bearish pressure, as price action remains firmly below the critical pivot level of 0.5765, which serves as a strong resistance point preventing any meaningful bullish recovery. As long as the price fails...
The USD/CHF pair demonstrated a partial recovery during early European trade on Friday, rebounding to approximately 0.8985. This recovery was primarily driven by a slight strengthening of the US dollar (USD). Market participants are now keenly...
The Japanese yen retained its bullish momentum during the European morning, bolstered by growing market consensus that the Bank of Japan (BoJ) will implement further interest rate hikes. This expectation was reinforced by the release of strong...