•••GBP/USD Market Overview: November 7, 2024••• The GBP/USD pair is experiencing considerable pressure as both UK and U.S. economies present distinct challenges. The UK government’s recent budget includes increased corporate taxes, property stamp...
EUR/ USD: A Comprehensive Price Action Review The current analysis of the price behavior of the EUR/ USD currency pair is a topic for discussion. The price is above the significant level of 1.0685 and is presumably heading to the upper level of the...
General Points of GBPAUD: Since yesterday, the Australian dollar has gained considerable strength, largely driven by the Australian Reserve Bank's (RBA) Cash Rate decision and the speech by the RBA Governor. These key events have reinforced the...
GBP/CHF For GBP/CHF this week, I’m keeping a close eye on the technical indicators, which have been giving mixed signals lately. Technical Analysis Support Resistance: There’s a strong support level around 1.1100, with resistance near 1.1280. If...
The trading chart on EUR USD H1.I am trying to say that,The EURUSD pair has experienced a sudden and rapid decline, causing it to move below the Kumo cloud and break the bullish trend. The current price is now below the Kumo cloud, indicating a...