GBP/USD Analysis: Sterling Finds Market Confidence Surprisingly, the GBP/USD pair rose after the Fed Chairman made a statement that analysts and market participants believe has increased the likelihood of a rate cut in September. Stock prices rose...
Technical analysis of the EURUSD pair 4-hour chart The price is likely to continue rising during trading today and tomorrow During this week, the price began trading with a price gap downward, with the price moving upward without closing it, and it...
EUR/USD edges higher ahead of U.S. nonfarm payrolls and French election results In the European session on Wednesday (July 3), the euro/dollar rebounded after hitting a low of 1.0735 in the early European session, and was reported at 1.0759 during...
The USD/JPY currency pair has been exhibiting consistent growth in the past week. The price has been steadily increasing each day, reaching a trading level of 158.302 by Tuesday. On Wednesday, the price traded within a range, and by Thursday, it had...
When the price approaches a support level, traders watch for signs of a breakdown or a rebound. A breakdown below a support level could signal strong bearish sentiment and further losses. However, if the support level holds, it could indicate a...