Hello. Sellers have been active on the Euro for the last two days and have come close to the current minimum at 1.03323. I think they will update it in any case, and if they manage to actively consolidate below it, then we can expect the price to...
EUR/USD Technical Analysis Today, I noticed EUR/USD consolidating within a narrow range, with key support around 1.0600 and resistance at 1.0680. It’s sitting near the 50-day moving average, which indicates indecision in the market. The RSI is...
XAU/USD Overall Outlook The XAU/USD market has been in a downtrend lately, with the current price hovering around 2604 and falling as low as 2588. This price action reflects the ongoing downtrend in the market. Technical indicators such as RSI and...
GBP/USD Overall Update The GBP/USD market is currently in a downward trend. It recently fell to 1.24755 and has since recovered slightly to trade around 1.2507 at the time of analysis. Key levels and scenarios: Reverse Probability: If the GBP/USD...
Technical analysis of GBPUSD Today I picked GBP/USD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.2435, the...
