The EUR/USD currency pair continues to display a downward bias, with the potential for a decline of 87 to 142 pips based on the technical setup. The critical pivot level at 1.0310 serves as the defining point for market direction, with a failure to...
Have a great day everyone! The downward slope of the linear regression channel indicates the strength of the seller, who is trying to go down to the level of 1.21896. At the target level, the movement will slow down. Due to the weakening, due to the...
GBP/USD Trading Analysis Update Monday, January 3, 2025 The GBPUSD pair price movement that tried to continue the upward rally, once again failed when reaching the SMA 200 as dynamic resistance. The price seems unable to move higher as in previous...
The AUD/USD pair continues to exhibit strong bearish characteristics as selling momentum persists below the 0.6170 resistance level. Despite occasional attempts at recovery, the pair remains trapped in a downward trajectory, weighed down by a...
The USD/CAD currency pair is currently trading within a technical setup that suggests a potential upside movement, provided that the critical pivot level at 1.4625 remains intact as a support zone. This pivot acts as a crucial determinant for the...