Current Market Overview Crude oil prices are currently stable but face the potential for further declines. During European trading on Friday, global oil prices dropped, reaching their lowest level in 11 weeks. This decline marks the largest monthly...
The Swiss CPI rate will again be released this week, drawing significant attention from traders analyzing the USD/CHF market. However, the last data was not better, indicating weak inflationary pressure in Switzerland, which could further weaken the...
Have a nice day! According to the M15 chart, the linear regression channel is turned upward, indicating the efforts of buyers who are trying to grow to the level of 1.26421. There is an opportunity to buy. Of course, it would be better to wait until...
GBPUSD Technical Analysis GBPUSD is trading at 1.2681 on the H1 timeframe, maintaining a strong bullish trend. The price has recently surged above the 150-period moving average (MA), confirming buying momentum. The sustained move above this level...
I wouldn't consider selling at your level. I have also drawn a Fibonacci retracement, and at 1.2655, there is a key hourly resistance level at 61.8%. However, if GBP/USD reaches that point, I will likely wait for a breakout rather than sell. I have...
