Good afternoon. The word is pressing, yesterday we fell to the level of 1.06, and today we are trying to break it again and consolidate below it. If we manage to do this, then we can expect a further fall even below the level of 1.05, the nearest...
The GBP/USD currency pair is currently trading at 1.26838, and the prevailing trend suggests bearish momentum. This indicates that the British Pound (GBP) is losing ground against the US Dollar (USD). The market appears to be moving at a slower...
Eurusd H4 Time frame Technical Analysis: On the H4 time frame chart, I’ve identified several potential targets for sales. The first target is at the 161.8 Fibonacci extension level, around 1.0552. The second target is at the 261.8 Fibonacci level,...
The NZD/USD currency pair is currently trading at 0.58609, reflecting a bearish trend in the market. This price point suggests that the New Zealand Dollar (NZD) is weakening relative to the US Dollar (USD), which is currently the dominant driver for...
The EUR/USD currency pair continued its downward trend on Wednesday. While corrections are possible during any movement, the current overall technical picture is clear. Looking at the weekly timeframe, we see a downtrend that has persisted for over...
