GBP/USD daily H1 timeframe chart Greetings. Today the British pound showed a pleasing performance as the quotes managed to rise, achieving my targets. The GBP/USD pair ascended to the middle boundary of the current trading range on the chart. After...
Good morning, everyone! Welcome to today's live trading discussion session. Yesterday, the USD Index closed on a bullish note, moving from 105.35 to 105.75. Currently, it seems unbalanced and is testing the 105.80 level. Despite attempting to break...
The New Zealand Dollar (NZD) is facing strong selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to hold above its key 20-day simple moving average (SMA). This critical support level has been rejected four times this week...
EUR/GBP UPDATES The EURGBP pair experienced a decline towards the demand area 0.8435 - 0.8429, making the direction of the bullish trend weaken. The reason is that the price is currently still below the 200 SMA, while the 50 EMA appears to be...
The NZD/USD currency pair, currently trading at 0.6112, has shown a bearish trend recently. This suggests a prevailing sentiment of NZD weakness or USD strength in the market. Despite the current slow movement, I believe there are factors that could...