T E C H N I C A L _ A N A L Y S I S E U R / U S D Currently, EUR/USD is trading roughly at 1.0399. A moderate upward correction is quite possible for this instrument in the first half of the day, but the main scenario is the continuation of the...
The GBP/USD currency pair experienced a surge of buying activity, driven by a confluence of factors including easing trade war anxieties and anticipation surrounding the Bank of England's (BoE) upcoming interest rate decision. Market sentiment...
GBP/USD Struggles for Direction as Market Tensions Build(February 6,2025) Pound’s Rocky Path: Uncertainty at Every Turn The British pound has been holding around $1.25, but it’s feeling the weight of shifting economic forces. The Bank of England is...
The EUR/USD pair exhibited a strong upward trend on Wednesday, advancing by 0.39% to reach 1.0420, signaling a resurgence of buyer activity. This positive momentum is underscored by the pair's decisive breach of the 20-day simple moving average...
Technical Analysis AUD/USD From a technical perspective, caution is warranted. For AUD/USD, key support is at 0.6087, the lowest level in 2025. A break below this level could push the pair towards the 0.6000 level. On the upside, resistance is at...