GBP/USD on the 4-hour timeframe, there are several important phases that I observe. Initially, there was a significant uptrend where the price gradually increased from around 1.2630 to reach a peak around 1.3045. This shows the strength of the...
The Australian dollar is currently hovering around its 50-day and 200-day exponential moving averages (EMAs), indicating a rally to the 0.6650 level and potentially heading for the 0.68 level if the currency is able to break above this resistance...
**EUR/CHF Market Overview** The EUR/CHF currency pair is currently trading at approximately 0.9482, reflecting a bearish trend that has characterized recent market activity. Although the market has been moving slowly downward, various indicators...
EUR/USD Trend Analysis It seems the trend for EUR/USD is shifting, indicating a potential end to the downward movement. Despite this, buying interest remains strong, and I believe a significant correction may occur. A retracement to 1.0851 would be...
GBP/USD Poised for Breakout: Can the British Pound Surpass 1.3000? The GBP/USD currency pair is on the verge of a significant move, with a potential breakout above the 1.3000 level. This development is driven by a combination of technical and...