TRADING UPDATES GBPUSD In last night's trading session, buyers were unsuccessful in bringing the price to move higher so there was momentum that sellers were able to use to push the price down. Based on the results of the chart analysis, the...
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...
GBP/USD Colleague, hello! Today I want to wait for GBP/USD to grow first, and then sell it. This is my daring pig plan. According to the empty economic calendar, a rather modest trading day in terms of volatility is expected. What can be seen on the...
The Australian currency, specifically the AUD/USD pair, is presently trading around $0.6655, demonstrating a neutral trend in the foreign exchange market. This value has been relatively stable, as observed in the daily charts, where the currency...
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...