Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis, currently, the market price is fluctuating between 0.8312 resistance and 0.8269 support. The market price has reacted very violently to this resistance and support level;...
Technical Analysis Recently, the EUR/GBP pair has formed a series of lower highs and slightly lower lows, indicating the presence of a falling wedge pattern. This pattern is often seen as a bullish reversal signal; however, confirmation is...
USD/CHF Market Movement – February 24, 2025 Market Forces at Play Several factors are shaping the movement of USD/CHF. One major influence is Switzerland’s latest policy shift—a recent 50 basis point interest rate cut, bringing rates down to 0.50%....
Comprehensive Weekly Analysis of EUR/USD Introduction The EUR/USD currency pair has been exhibiting notable movement as the market opens. Initially, I did not expect the Euro to gain strength against the Dollar right at the start, but it appears...
Technical analysis of AUDUSD Today I will start with a technical analysis of AUD/USD. The market is currently in a upward trend and the trendline is helping the market enter the upward trend. The market is currently trading below the 0.6407...