GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as markets focus on key economic data and central bank signals. The US Dollar remains strong after last week’s solid Non-Farm Payrolls (NFP) report, reinforcing expectations that the...
USD/CHF: Bulls in Control as Dollar Holds Strong(February 11,2025) U.S. Economy Keeping the Dollar in the Driver’s Seat The latest reports out of the U.S. paint a picture of resilience. Job growth remains strong, with last week’s payroll data...
General Points about GBPUSD: The GBP/USD market still appears to be under sellers' control, with bearish momentum dominating recent price action. The reality is that the market cannot move in just one direction indefinitely. Price corrections and...
Current Market Analysis of EUR/USD The EUR/USD currency pair is currently trading at 1.0412, with its last low recorded at 1.0382. The Relative Strength Index (RSI) is slightly below the neutral level of 50, indicating a potential bearish momentum....
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key reversal pattern in technical analysis, often signaling a potential trend reversal in financial markets. It typically appears at the bottom of a downtrend and suggests a...