The British pound (GBP) strengthened against the US dollar (USD) on Thursday, breaching the 1.2600 level as traders anticipated the release of UK retail sales data. A weaker-than-expected US jobs report contributed to the dollar's decline, providing...
The USD/CAD pair is currently showing a slow attempt to grow, but I believe this movement is more indicative of consolidation rather than a strong upward trend. I think the market is waiting for key drivers to provide direction, and these could come...
Today, I will analyze the D1 period chart, focusing on the current price movement and technical indicators. I observe that the price is gradually being pressed down along the general downward trend, indicating a continuation of the bearish momentum....
EURUSD Technical Analysis 21 February 2025 Technically, I see that the EURUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following EURUSD 1 Hour Time Frame chart image...
I observe that sellers in the USDCHF currency pair are descending to the support zone for the third time, and I am curious to see how they will react to this level. I believe that if there is a rebound from this zone, growth could become relevant,...