EUR/USD Forum Analysis,Forecast For the journey on the 4 hour time frame in the EurUsd market this week it seems that it is still running on the bearish side until the price falls towards the 1.0800 position. Previously, at the beginning of the...
If the market closes above the 1.7500 level, it would be a significant indicator that prices are likely to continue their upward trajectory, moving towards the 1.2600 mark. The 1.2700 level is identified as the third level of resistance, and...
GBP/USD H1 help turned obstruction, where the pair might stop or somewhat bounce back prior to proceeding with its plunge. The expected crisscross example at this level is normal in remedial stages, where the market makes brief counter-pattern moves...
USD/CAD Forum Analysis, Forecast If you pay attention using the 4-hour chart reference above for the trend in the UsdCad market, it appears that the market is still stable, stopping above the 1.3742 zone. This illustrates that there is a trend...
The British pound's recent strength against the US dollar seems to be fading. Positive US jobs data in May triggered a sharp decline for the pound, pushing it below a key support level (1.2770). This weakness is further highlighted by a technical...