GBPAUD Daily Time Chart Analysis After hitting a four-year high earlier this week, the GBP/USD pair has fallen today and is currently trading at 1.9832. Although the Bank of England did not cut interest rates at its meeting, the general election...
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USD/CHF As of today, USD/CHF is showing some interesting price action, with both technical and fundamental factors at play. Technical Analysis: The pair has been trading within a descending channel, reinforcing the current bearish momentum. Right...
I am closely analyzing the current situation on the USD/CAD pair. The price has almost reached the support level at 0.8964, which I believe will most likely be tested soon. Although the 200-period moving average is positioned above the quotes,...
Technical Analysis EUR/USD H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains above 70, suggesting that the EUR/USD pair will pull back before continuing its upward trend. On the upside, 1.0500-1.0510 (round number,...
