The EUR/USD pair extended its bullish run on Friday, achieving a multi-week high of 1.0500. This sustained climb above the 20-day simple moving average (SMA) indicates a potential shift in market sentiment, with buyers seemingly regaining control...
The USD/JPY pair has extended its decline, trading near 152.60 during Friday’s European session, as the US Dollar (USD) continues to underperform against its major counterparts. This downward pressure on the Greenback is largely attributed to a...
The GBP/USD pair has exhibited a strong upward trajectory recently, rebounding from the 1.2375 support level and reaching a new six-week high around the 1.2600 mark. Technical indicators on the 4-hour chart reinforce this bullish sentiment. The 20-...
WTI crude oil prices have been on the rise for the past two days, currently hovering around $71.50 a barrel in early European trading on Friday. Several factors are contributing to this upward trend. Firstly, there's a noticeable increase in fuel...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello fellow traders. Welcome to my most recent post analysis of the GBP/USD market. Let's find out how the price of a currency pair has changed over time and how the market has reacted. GBP/USD is...
