I believe the EUR/USD pair is clearly ripe for a further bullish breakout. I’ve been closely monitoring the charts, and after another weak Monday for the dollar, I observed that the euro responded with confident upward movement. I initially...
ANALYSIS OF EUR/USD PAIR. On Monday in Asia, EUR/USD went up a bit, bouncing back to 1.1370 after falling before. The dollar became weaker mainly because a US court said last Thursday that President Trump could go ahead with his tariff plans that...
I opened the daily timeframe for gold and immediately noticed a strong and confident ascending price channel. I saw that the price is currently trading around the 3381 level, and I observed that today gold didn’t just rise — it literally shot to the...
The EUR/USD pair, while exhibiting a continued uptrend on the daily chart, appears to have overextended itself unless buyers demonstrate further conviction to pull it back. The Relative Strength Index (RSI) remains bullish, signaling that buyers are...
EUR-USD PAIR REVIEW EUR-USD on the H1 time frame we can see several important moments that reflect high buying interest. One indication is a breakout in the previous resistance areas. For example, at levels around 1.1390 and 1.1420, the price was...
