AUD/USD There was a back-and-forth session for the British Pound on Tuesday, and we continue to see resistance at the 1.20 level. As a result, the market will struggle with the 0.6720 level again, as three separate attempts to break above this level...
EUR/GBP H4 MARKET ANALYSIS. This morning the price of the EUR/GBP pair started its market journey from the 0.8435 position. This is the first trading session of the week and also the first week of June. If observed, it seems that the market is still...
As the week began, GBP/USD closed at approximately 1.3212, marking a decline of about 0.4% despite a late-week rebound from lows below 1.3117. A sparse economic calendar in the UK provided GBP traders with a brief respite following a sharp...
The spot price has displayed a mixed trend at the start of the new trading week. After an initial dip to around 1.3600 against the USD, it rebounded. Despite the reduced trading volume due to a Canadian market holiday, the CAD has exhibited...
In my morning forecast, I focused on the 1.1120 level and planned to use it as a basis for market entry decisions. Let's take a look at the 5-minute chart and break down what happened. The rise and formation of a false breakout around 1.1120...