Navigating the EUR/USD: A Technical Look at Recent Market Movements This chart, displaying the Euro against the US Dollar (EUR/USD) on a 1-day timeframe from CMC Markets, offers a fascinating glimpse into recent price action and potential future...
I believe the USD/JPY pair is showing early signs of a bullish correction today, based on my analysis of the daily chart. I observe that the MA100 is trending downward at a steep twenty-degree angle, which indicates strong selling pressure over the...
The EUR/USD pair, despite undergoing an ongoing correction, fundamentally maintains a bullish stance. The Relative Strength Index (RSI), while still indicating bullish control, is beginning to show signs of fading momentum, which could potentially...
I’m generally pleased that GBP/USD has finally started moving, since the vague sideways drift of the past several days had become monotonous. I open the daily chart and see that the wave technique confirms a clear northern bias. I observe that the...
The British pound (GBP) experienced a slight dip against the US dollar (USD) on Tuesday, trading marginally below the range observed on Monday. The GBP/USD pair maintained a relatively steady stance as the US dollar began to retreat from a six-week...
