EUR-USD PAIR ANALYSIS I will discuss the movement of the EURUSD currency pair, in the price movement the previous day this currency pair had moved approximately 50 pips, but the price had not been able to penetrate and close below support one which...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
### Analysis of the EUR/USD Currency Pair #### Current Situation As of now, the EUR/USD currency pair is trading around the 1.0690 level. The prevailing trend appears to be bearish, indicating a downward movement. This trend suggests that the euro...
GBP/USD Future Trends and Forecasts The foreign exchange market is stuck in neutral today, mirroring the lack of any significant economic data releases. This subdued environment makes it incredibly challenging to find profitable trading...
The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...