The GBP/USD H1 chart reveals robust bullish momentum, with the price breaking through key resistance levels. Recently, the price surpassed the 1.2600 mark, which coincides with a significant resistance level, marked by the horizontal blue line. This...
EUR/USD Technical Analysis and Forecast The EUR/USD market is currently in an uptrend and is trading near 1.04610 on the H1 chart. The market recently tested the 100 Exponential Moving Average (EMA) and the 20 Simple Moving Average (SMA), confirming...
Today presented an excellent opportunity for intraday trading, particularly given the external trading conditions that were in play. The liquidity in the Asian markets has been notably reduced, which typically creates a more favorable environment...
GBP/USD Analysisotential Breakout Scenario In the forex market, the GBP/USD currency pair has been exhibiting significant behavior around the resistance level of 1.2634. This level has proven to be a critical point, as it has shown resilience...
The EUR/USD pair saw modest gains, rising to around 1.0450 during Asian trading hours on Wednesday, primarily driven by a weakening US Dollar (USD). However, the pair’s upward momentum remains constrained due to several factors, including escalating...