The NZD/USD H1 chart demonstrates a gradual upward momentum after a period of consolidation and declining price action. Currently, the pair is trading at approximately 0.5705, reflecting an apparent bullish sentiment. The price movement shows a...
EUR-USD M30 ANALYSIS CHART This zigzag has been going down for the second day already, but today it is very sluggish, which just so far indicates a corrective nature of the decline. Moreover, if the price holds above the support of 1.0376, then I...
GBPUSD GBPUSD outlook: The GBP/USD pair is navigating a tight range today, as both the British pound and the U.S. dollar face their respective challenges. On one hand, the pound is supported by recent positive UK economic data, while on the other,...
#GBP/USD Yesterday, the GBP/USD pair resumed its downward movement, because of which a bearish engulfing pattern was formed on the daily chart, which may show the beginning a reversal. While the prices failed to fall below the important level of...
EURUSD EURUSD outlook: The EUR/USD pair remains under pressure, trading near 1.0449 (buy side) and 1.0448 (sell side). The disparity between the Federal Reserve's hawkish stance and the European Central Bank’s more cautious approach continues to be...