TRADING CHART ON EUR/USD H1. Good day Powell said the market expects the most important thing from him - that now is the time to cut rates.Powell had only hinted at a rate cut in September, and on Friday he said. Therefore, the EURUSD pair tested...
GBP/USD Price Overview The price action analysis of the GBP/USD currency pair is what we will be discussing today. Tensions are escalating in the suburbs of London, where what seems almost like a civil war is unfolding. The police are reportedly...
EUR-JPY H1 TIME FRAME Technically, the H1 chart shows that EURJPY is in a downtrend. The 50 and 100 Moving Averages (MA) show a bearish trend, where the 50 MA has crossed below the 100 MA, confirming the bearish strength. The RSI indicator is at...
USD/CHF Price Movement The USD/CHF currency pair's price behaviour analysis is currently up for discussion. The Swiss franc's strengthening against the U.S. dollar is gaining momentum, and this trend must be. On the four-hour USD/CHF chart, I've...
THE CURRENCY PAIR EUR-JPY Yes, I agree with your conclusion that the last week showed itself to be mildly to moderately restrained in lateral rotation. I really hope that the new one will not be quite so sluggish. Plus, after all, this is the last...