Currency pair AUDUSD - let’s consider the chart of the D1 period. The first week of February trading passed; earlier, January passed, showing movements in various directions. There was a good upward correction which was preceded by a bullish...
USD/CHF is currently navigating a critical technical zone, with the 0.9085 pivot level acting as a decisive point that will determine whether the pair experiences an upward movement or a bearish decline. If the price holds above this level, traders...
Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
I believe the potential for a U.S.-Europe trade war under a Trump administration poses significant risks to EURUSD. If the U.S. imposes tariffs on European cars, I expect wealthy Americans to continue buying German luxury vehicles despite higher...