EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
Hello. As a result, just as the Euro fell rapidly, buyers also rapidly recouped this gap. I honestly thought that it would take them a few days to do this, but in general, a renewal of the minimum and a move to the parity level loomed ahead....
The Bank of England (BoE) is widely expected to cut interest rates by 25 basis points (bps), bringing the rate down to 4.75%. Among the nine members of the Monetary Policy Committee (MPC), a majority of seven are anticipated to vote in favor of this...
Analyzing GBP/USD Price Activity I am currently studying the ongoing GBP/USD currency pair price activity. The GBP/USD H4 chart showcases significant market activity within a well-defined range, with key levels of support and resistance providing...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
