In my opinion, the EUR/USD hourly chart exhibits a mix of consolidation and gradual bearish sentiment, with intermittent attempts by bulls to regain control. The overall structure of the market suggests that it is in a transitional phase,...
EUR/USD quickly resumed its uptick, leaving behind Wednesday’s hiccup and retesting the area beyond 1.0300 the figure on the back of further selling pressure in the US Dollar.EUR/USD remains under pressure, with key support at 1.0176 (YTD low on...
In my opinion, the USD/CAD hourly chart indicates a market environment that is gradually transitioning from consolidation to bullish momentum. The price action shows a consistent upward bias with periods of sideways movement, suggesting a balanced...
Gold continued to show bullish behavior in early trading on Thursday, but is now testing the upper end of its recent trading range. This key moment deserves close attention as a break above the $2,720 level could signal a continuation of the broader...
The GBPUSD currency pair is still facing downward pressure and has fallen below the 5-day moving average on the daily chart, after declining since last Wednesday when it tested the 10-day moving average resistance. It has been pushed back down below...
