EUR/USD Technical Analysis I analyzed the EUR/USD market on a 1-hour chart and plotted the key structural levels. According to the current market structure, EUR/USD is in an uptrend, which suggests that prices may continue to rise in the coming...
13 February 2025 USD/CHF drops below 0.9100 as US Dollar depreciates ahead of US PPI data. USD/CHF depreciates approximately 0.50%, trading around 0.9080 during the European hours on Thursday. The decline of the pair could be attributed to weaker US...
GBP/ JPY: The Power of Price Action The GDP data report m/m and several other UK economic data released this afternoon showed optimistic results for the outlook for the Pound Sterling currency. This possibility can support the rally in the price...
Riding the Waves: EUR/ USD Prices The EURUSD pair price seems to continue its upward rally, even though last night it fell below the two Moving Average lines after the release of US inflation data (CPI). Currently, the EMA 50 which has crossed the...
The AUD/NZD H4 chart displays a strong resistance level around 1.1124, where price has struggled to break through. This level has been tested multiple times, as seen by price rejections forming near it. The presence of the red moving average, likely...