We are currently discussing the analysis of the price behavior of the GBP/ USD currency pair. You can say that. They loaded a rocket to the north. But my stop is behind 1.3050. So maybe they won’t reach there? But it’s possible. If only they would...
GBP/USD Technical Analysis The GBP/USD market structure remains bullish, and the price is currently trading in an uptrend in the H1 timeframe. The pair is trading between a strong support level at 1.2800 and a key resistance level at 1.2900. The...
Analysis of USD/JPY Currency Pair: A Short-Selling Opportunity Overview In the realm of forex trading, understanding market trends is crucial for making informed decisions. This analysis focuses on the USD/JPY currency pair, particularly on the...
A thrее-dаy uрtrеnd hаs рroреllеd thе Cаnаdiаn dollаr to а gаin of 1.2%. This morning, USD/CAD hаs oреnеd аt а modеst 0.14% inсrеаsе for thе dаy, trаding quiеtly аt 1.4316 during thе Euroреаn sеssion. Thе саlm, howеvеr, mаy bе short-livеd, аs both...
USD/CHF Technical Analysis: Support and Resistance Levels: The USD/CHF pair is currently testing support around 0.9290. If it breaks below this, I expect further downside towards 0.9250. On the flip side, resistance is at 0.9370, and if the pair...
