The USD/CHF pair faced downward pressure during the Asian trading session on Thursday, halting its three-day upward trend that had pushed it to a weekly high near 0.9055 the previous day. As of now, the pair is trading near the lower end of its...
The reaction I was anticipating began to unfold as I closely monitored the market. I had been waiting for the test of the average moving line on the hourly chart, which was positioned at 1.0437 at that time. However, the price action surprised me as...
GBPJPY Technical Analysis 20 February 2025 Forex Analysis - Technically, I see that the GBPJPY pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the GBPJPY 1 Hour Time Frame chart...
The GBP/USD currency pair experienced a decline, reaching approximately 1.2580 during Wednesday's North American trading session. This downward movement coincided with a strengthening US dollar, as reflected in the US Dollar Index (DXY), which...
Core Points about AUDUSD: Currently, the AUDUSD market is trading around the 0.6345 level, indicating the possibility of further upward movement shortly. Price action suggests that market participants are closely watching key resistance and support...
