Bullish candles are still forming in small sizes following the limited space for price movement in recent days. The price has now returned to the critical buyer area around 200.52 – 201.58 which still cannot be penetrated. Meanwhile, price movements...
The EUR/USD pair's bearish momentum appears robust. The price is expected to continue its descent towards the next key support level at 1.0650. Traders should remain vigilant and consider the potential for further declines, as the current technical...
GBP/USD on Friday, the price throughout the day failed to break out of the previous day's range, resulting in the formation of an indecision candle with a slight bullish bias by the end of the day. Overall, for this instrument next week, I consider...
EUR/USD Forecast For Today 1st July Greetings and Good Morning guys! Today, the market is abuzz with anticipation as traders await the release of significant economic data that could impact the EUR/USD pair. The German Prelim CPI is set to be...
I hope everyone is having a great day! Observing the 4-hour chart's linear regression channel reveals a cautious sentiment among sellers anticipating a downturn, while bulls remain confident. The price has surpassed the upper boundary of the channel...