EUR/USD 4H Technical Analysis Key Levels: First Support: 1.09069 Second Support: 1.08064 Resistance: 1.11448 Timeframe: 4-Hour EUR/USD is currently trading with a slight bullish bias on the 4-hour chart, holding above key short-term support as...
I observe that the current market price of 1.41586 is positioned between the 0% Fibonacci level at 1.40262 and the 50% level at 1.41720. I note that the 100% level was established at yesterday’s daily high of 1.43177, while the 0% level aligns with...
Technical analysis of GBPNZD Today we will do a technical analysis of GBP/NZD. For an idea of the market, it is necessary to do technical analysis, And for this, we take the help of different types of levels and indicators. If we look at the market...
US inflation accelerates as core PCE hits 2.7%, delaying rate cuts Inflation in the United States has unsettled the markets a bit. Analysts are furrowing their brows, trying to gauge its impact on the economy. Still, let us not fall into full-blown...
EURUSD Analysis: The EURUSD currency pair has shown significant movement across both the 4-hour and daily charts, with key technical indicators highlighting potential overbought conditions. The Relative Strength Index (RSI), a widely used momentum...