I analyzed the EUR/USD pair and have developed a bullish outlook, but concerns linger regarding the monthly timeframe, where bearish trends may push the price down to 1.04. However, the daily bulletin indicates that buyer sentiment is expected to...
EUR/GBP The EUR/GBP pair’s exchange rate rebound last week seems unable to continue this week. In fact, the exchange rate managed to break through the resistance level (R1) 0.8426 and reached a high of 0.8433. Unfortunately, the rebounded exchange...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; market prices are falling, and selling pressure is helping. If the market price is visible on the EUR/GBP 1-hour time frame, the price is breaking below the 50-day simple...
The currency pair showed signs of stability on Tuesday, holding steady around the 1.0861 mark. Despite this stability, the Euro has struggled to regain the 1.0770 handle and has experienced a decline of over 2.3% against the US Dollar since hitting...
The currency pair is currently strengthening, approaching the key resistance level of 0.8700 during the European session on Tuesday. This increase marked the fourth consecutive day of appreciation of the Swiss franc, which was largely driven by a...