Somehow the Euro buyers have completely lost heart, yesterday the price already tested the level of 1.04, it’s good that they didn’t consolidate below it, and this is despite the fact that the buyers actually need to break through the current local...
EUR/USD Technical Analysis: EUR/USD is hovering around 1.0800, struggling to gain any real momentum. The pair recently tested 1.0830, but sellers stepped in, keeping it range-bound. The 50-day SMA near 1.0820 is acting as resistance, while the...
Investor sentiment toward Bitcoin and gold continues to strengthen, with JPMorgan noting an increasing allocation of these assets in portfolios as a long-term hedge against inflation and currency depreciation. Institutional interest is also showing...
AUD/USD Technical Analysis: AUD/USD is trading around 0.6540, struggling to gain any real momentum after facing resistance at 0.6565. The pair is stuck in consolidation, with the 50-day SMA acting as resistance and the 200-day SMA around 0.6500...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...
