Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
The linear regression channel on the 15-minute chart is currently pointing downward, which indicates a dominant selling mood in the market. I observe that sellers are actively pushing the price lower, reflecting their intention to drive the market...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis, currently, the market price is fluctuating between 0.8312 resistance and 0.8269 support. The market price has reacted very violently to this resistance and support level;...
The technical analysis of the EUR/USD currency pair indicates potential trading opportunities amidst current market conditions. According to the daily chart, the price is currently caught between key resistance and support levels, suggesting that a...
EUR/USD: Caught in a Waiting Game(February 24,2025) Dollar's Hold on the Market The U.S. dollar continues to carry weight in the forex market, supported by a steady flow of positive economic data and speculation that the Federal Reserve will take a...