GBP/USD has exhibited persistent bearish momentum, with 1.2425 acting as a key resistance level that continues to suppress any upside breakout attempts. The failure of the pair to hold above this pivot suggests that sellers remain in control,...
USD/CHF is at a pivotal juncture, with price action revolving around the critical pivot level of 0.9085. This level serves as an inflection point, determining whether the pair will continue upward toward 0.9135 and 0.9155 or experience a bearish...
GBP/USD continues to struggle against downward pressure, with 1.2425 serving as a major resistance level that has consistently rejected bullish advances. As long as price action remains below this key threshold, the probability of further declines...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
The Australian dollar began the session with a lower notable gap, but the merchants quickly raised the prices up to fill that void. This movement has put the 50 -day exponential mobile average (EMA) in an acute approach, since it is now around the...
