I’m glad to see you too! The current behavior of the EUR/USD currency pair on the daily timeframe is indeed intriguing, and I find it fascinating how closely it mirrors the movements of the British pound. I observe that both instruments are...
Technical Analysis of GBP/USD The GBP/USD pair is currently trading at 1.29884, reflecting a consolidation phase within a defined range. The market price is hovering between the immediate support level at 1.29630 and the resistance level at 1.29971....
EUR/USD extended its recent bullish momentum, approaching the year-to-date (YTD) highs near 1.0950, bolstered by intensified selling pressure on the US Dollar (USD) and improved political stability in Germany. The pair currently trades above the...
I am analyzing the NZD/USD currency pair on the D1 timeframe today, and I observe that last week the price was consolidating without significant changes. I note that after the last upward wave updated the previous high, the descending wave structure...
The EUR/USD pair extended its gains after the close of the European session on Monday, climbing to the 1.0910 region as buyers re-entered the market following a brief period of correction. While the pair has shown a modest recovery, the momentum...
