GBPUSD Analysis The GBP/USD currency pair is trading in a strong uptrend and has formed a well-formed rising wedge pattern. This indicates an uptrend, but also shows signs of potential exhaustion. The price recently reached a key resistance level at...
Technical analysis of USDCHF The USDCHF pair closed at 0.8829, reflecting a cautious market sentiment as traders assess key technical levels and potential future movements. The pair has been trading within a defined range, with resistance at 0.8943...
The EUR/AUD currency pair is currently experiencing upward momentum as long as the key support level at 1.7205 remains intact. Market indicators suggest that bullish traders are in control, with the price positioned above both the twenty-period and...
This chart represents the USD/JPY currency pair in the H1 timeframe. The price action is currently around 149.33, with recent highs and lows reflecting a period of consolidation after an upward movement. The chart includes Bollinger Bands, which...
Hello. Yesterday, sellers managed to continue developing the downward movement on the Euro and tested the level of 1.08. They failed to immediately consolidate below it, but it is possible that next week there will be another attempt to do so. And...