The GBP/USD pair’s recent upward movement to the 1.32 level appears largely speculative, driven by short-term momentum rather than fundamental strength. Thursday’s bullish close, marked by a significant green candle with an upper shadow, suggests...
The EUR/GBP currency pair exhibited stability around the 0.8420 level during Wednesday's Asian trading session, sustaining the upward momentum observed in the preceding trading period. This resilience is primarily attributed to the euro's...
EUR/USD Thursday! Updated the maximum at 1.0956. Now the price is at 1.1064 and it is above the XamaSystem indicator of the hourly period, which is now at 1.1032-1.0999. It is quite possible that today the growth will continue and we will see an...
I believe the EUR/USD pair’s current trajectory reflects a tug-of-war between short-term speculative forces and longer-term macroeconomic uncertainties. While the pair has shown resilience in bouncing off the support zone near 1.0960, I view the...
EURUSD CURRENCY PAIR ANALYSIS Hello to all forum members! Good morning. So we got an upward movement with a resistance breakout, which was seen by all market participants. I think that many people wanted to sell at the test of 1.0953, since the...