GBP/USD Technical Analysis and Forecast The GBP/USD market was bullish today, briefly touching the 1.23246 level before returning. It is now trading around the 1.22838 mark, showing signs of consolidation. On the hourly chart, although the GBP/USD...
EUR/USD Technical Analysis In the one-hour timeframe, EUR/USD shows a clear bullish structure, with the trend shifting upwards. This is supported by the price closing above the 200-day Simple Moving Average (SMA), signalling strong bullish momentum....
The euro saw a modest recovery in early trading on Monday, hovering near the 1.03 level. However, it is important to note that US markets were closed for the Martin Luther King Jr. holiday, resulting in reduced liquidity and a lack of major price...
Today, on the H4 timeframe, a pattern can be seen forming on the EUR/USD currency pair in a sideways condition and usually after the sideways occurs, quite strong recent movements will appear. Therefore, I will try to analyze where the EUR/USD...
Market Fundamentals: Minneapolis Fed President Neel Kashkari suggested that another rate cut remains a viable option for discussion in the upcoming Fed meeting, according to Bloomberg. Recently, the Fed implemented a 25-basis-point reduction, though...
