Good evening how are you ! Hope you’re having a great start to your day. Let’s break down the GBP/USD chart and its potential trade setup based on your provided details. Current Price: 1.2409 Lower Price: 1.2383 Higher Price: 1.2609 Fundamental...
EUR/USD Price Move Lookout The topic at hand is the price action analysis of the EUR/USD currency pair. The EUR/USD H4 chart, as we approach the market close this Friday, displays a bearish sentiment with the pair trading around 1.0380. The price...
GBP/USD Technical Analysis and Market Update The GBP/USD market is rising today and trading at 1.2457. Earlier in the day, the GBP/USD market tested the key support level at 1.2400, which remained strong, leading to a recovery. The price is...
Technical Indicators Analysis 100 EMA (Exponential Moving Average): The 100 EMA is currently acting as a dynamic resistance level, which reinforces the prevailing downtrend in the market. This suggests that the price is struggling to rise above this...
On Wednesday, the NZD/USD currency pair recorded a modest increase of 0.30%, reaching a price level of 0.5615. This uptick occurred as the pair extended its gains above the 20-day Simple Moving Average (SMA). The movement above this moving average...
