Good afternoon! Indeed, the pound is not making significant upward strides at the moment, with recent northern pullbacks resembling more of a correction. The adjustment could climb to the 38.4% level at 1.2650, where a nearby resistance exists at...
Good morning, everyone! Yesterday, the GBPUSD pair once again reached new lows, continuing the recent downtrend. However, there are signs that a pullback might be on the horizon, particularly on the H1 timeframe and lower. Analyzing the H1 chart, we...
EUR/USD Analysis Forecast The EURUSD currency pair is finishing the trading week within the framework of the growth development near the level of 1.0840. The moving averages indicate the presence of a bullish trend. Prices have broken through the...
EUR/USD H4 In our discussion, we'll analyze the price changes of the EUR/ USD currency pair. Powell spoke at the ECB forum and, as usual, "dropped" the US dollar, although Lagarde had spoken before him, slightly supporting the euro. Despite Powell...
The stochastic curve is also moving in a bearish direction, indicating that the trend is bearish. Given the gap between the open price and the resistance level of the SMA5, the price may correct to this dynamic resistance level before continuing its...