GBP/USD Technical Analysis: GBP/USD is hovering around 1.2600, struggling to gain momentum. I’ve been watching the 1.2650 resistance level, which the pair tested recently, but sellers quickly stepped in. The 50-day SMA is acting as a ceiling, while...
EUR/USD Technical and Fundamental Analysis Technical Analysis: On the 1-hour time frame, the EUR/USD market was initially in a downtrend and was showing a bearish trend. However, the market has now broken out of its previous structure and is...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
In Thursday's negotiation session, the euro experienced a modest rally, with prices that fluctuate around 50 -day criticism. Despite this slight increase, the general image remains mixed, since the market continues to try to change the predominant...
The US dollar has declined abruptly against Japanese Yen, a large triggered by the unexpectedly high interest rate of Japan, which saving around 1%, which has sent investors fighting to adjust their positions. This sudden movement has shaken the...
