Currency pair EURUSD - chart of the period D1. While the price remains at the top of the considered daily chart, the wave structure is building upward order. The MACD indicator is growing in the upper zone and above its signal line. From the very...
GBP/USD has come under renewed selling pressure, slipping back to the 1.2970 region after briefly breaching the key psychological resistance at 1.3000. The pair’s decline is largely driven by a resurgence in US Dollar (USD) strength ahead of the...
Technical analysis of USDCHF Today we will perform a technical analysis on USD/CHF. The market is currently between our support and resistance levels. Currently, there is a bearish trend in the market. The market is now close to support at 0.8756....
The Australian Dollar (AUD) extended its bearish momentum for the second consecutive session on Wednesday, as AUD/USD retreated to a two-day low near 0.6320. This decline was primarily driven by a strengthening US Dollar (USD) following the Federal...
Silent Points about GBPJPY: The way buyers are strengthening their positions is making it difficult for sellers. The GBP/JPY market is currently trading at the 194.34 level, which confirms that it has already made progress of over 200 pips. Strong...
