Technical analysis of GBPUSD Today I picked GBP/USD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.2435, the...
The EUR/USD currency pair continued its downward trend during the Asian trading session on Friday, hovering around the 1.0360 level. This level is close to the pair's recent one-month low, and it appears poised to close the week at its lowest point...
GBP/USD Overall Update The GBP/USD market is currently in a downward trend. It recently fell to 1.24755 and has since recovered slightly to trade around 1.2507 at the time of analysis. Key levels and scenarios: Reverse Probability: If the GBP/USD...
The NZDUSD, also known as the renminbi, has recently experienced some volatility against the US dollar. While it initially faced downward pressure due to a stronger US dollar, it has since stabilized and recovered some of its losses. The Federal...
The chart reveals a dominant bearish trend, characterized by consistent lower highs and lower lows. The sharp downward movement below the 1.0450 level confirms the presence of strong selling pressure. The price is currently trading around 1.0394...
