The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
AUD/USD Analysis Current Price Action The AUD/USD trading pair is currently at approximately 0.6224. The price action from yesterday has formed a strong bearish candlestick, indicating a robust downtrend. Technical Indicators RSI The Relative...
Technical analysis of EURGBP Today I will show you EUR/GBP technical analysis. The market is currently in a downtrend. Now the market is between our resistance level at 0.8313 and the support level at 0.8270. If the market breaks below our support...
Hello. The price for the Euro continues to move sideways, and buyers cannot find a point of support to start forming something more or less worthwhile upwards. The first target for price growth in this situation is the level of 1.04433, and if it...
The GBP was slightly weaker in Monday's London session than its main rivals. A little rise in the Bank of England's (BoE) dovish wagers for 2025 contributes to the British currency's slight decline. A 53 basis point (bps) interest rate cut for the...