The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...
EUR-USD H1 ANALYSIS CHART Now, directly to our EUR/USD. I can say that the pair was somewhat puzzling with the morning gap to 1.0289; there was a suspicion that last Monday's show would be repeated. But the suspicion remained a suspicion; the pair...
The AUD/USD pair has shown resilience despite a stronger US Dollar, recovering from two consecutive daily losses and approaching the 0.6300 level. However, caution is warranted from a technical standpoint. The pair faces critical support at 0.6087,...
The NZD/USD pair experienced a modest decline on Monday, dropping to 0.5640 as selling pressure continued to dominate the market. Despite earlier efforts to maintain its position above the 20-day Simple Moving Average (SMA), the pair remains under...
The EUR/GBP pair experienced a slight upward movement on Monday, climbing to 0.8330, but the overall trend remains bearish as the pair continues to struggle below the 100-day Simple Moving Average (SMA). This key technical level has acted as a...