Our focus today is on analyzing the price behavior of the GBP/USD currency pair, which has experienced a significant decline, and signs point toward the possibility of further downward movement. The critical support level of 1.3162 seems to be a...
The spot price weakened against the US Dollar (USD) during Friday’s Asian session, dropping below the crucial 1.3150 support level. This decline came as the USD extended its recovery from Wednesday, buoyed by the second estimate of the United States...
USD/CHF TECHNICAL ANALYSIS: On the USD/CHF H1 time frame, today’s analysis highlights some interesting market movements in the USD/CHF currency pair. Currently, the pair is trading at 0.8522, and based on recent price action, the market appears to...
AUD-USD PAIR FORECAST Although it was flat, yesterday this pair experienced a weakening that caused quite a change in trend. In the Asian session on Thursday, sellers had tried to enter since morning trying to continue the negative movement...
the fifth consecutive day, the GBP/USD pair rose, closing the Asian trading session on Tuesday at 1.3350. It is now trading near the 31-month high of 1.3359 reached on Monday. Anticipation of another interest rate cut by the Federal Reserve in...