The AUD/USD chart on the H1 timeframe shows a clear downtrend that has been ongoing since mid-February. The pair have struggled to maintain any significant bullish momentum, with each upward attempt being met with selling pressure. The current price...
EUR/GBP steadied around 0.8260 during Monday’s Asian session, pausing its three-day decline as market sentiment turned in favor of the Euro (EUR). This rebound comes on the back of diplomatic developments, with France and the UK proposing a...
The GBP/USD pair continues its attempt to break above the 1.2700 psychological level, supported by recent weakness in the US Dollar (USD). However, the pair still faces key technical barriers that could limit its upside potential. The failure to...
Currently, I observe that the price has not yet reached the 0.9065 level, as I previously mentioned. I also recall encountering a similar scenario in the past. At this moment, I believe there is an opportunity to sell around the 0.8982 level because...
The EUR/USD pair experienced a notable surge on Monday, rebounding from a more than two-week low of 1.0360, reached on Friday, and climbing to approximately 1.0485 during the North American session. This significant upward movement was driven by the...