Analysis chart EUR /GBP here there were volumes for sale and I assumed that the pair would go lower. That it would go to the support of 0.82701. There was a range here, there was volume for sale and I assumed that the pair would go lower. It knocked...
Technical Analysis of GBP/USD The GBP/USD pair opened today at 1.26460 after a two-days market holiday, reflecting a cautious start as traders reassessed market conditions. The current price of 1.26460 is hovering near the immediate support level of...
I wouldn't consider selling at your level. I have also drawn a Fibonacci retracement, and at 1.2655, there is a key hourly resistance level at 61.8%. However, if GBP/USD reaches that point, I will likely wait for a breakout rather than sell. I have...
Trading Strategy for USD/JPY: Short Positioning As market dynamics continue to unfold, I am currently focused on shorting the USD/JPY currency pair, which is presently trading at the level of 150.169. Given the behavior of sellers in the market, I...
The USD/CHF currency pair has recently exhibited a notable price movement, reaching a high of 0.9034 on Friday before experiencing a minor retracement. This retracement can be regarded as a natural correction process within the broader context of a...
