In Asian trading on Tuesday, the British Pound (GBP) maintained its recent gains against the US Dollar (USD), hovering around the 1.2770 level, buoyed partly by a weakened US Dollar Index (DXY) near 104.60. However, traders remained cautious due to...
EUR/USD Technical Analysis The price's second attempt to break the daily pivot level and continue to fall, as trading opened today within descending price channels, but the price traded below the middle line of the channels. The price also traded...
Market Overviews: The news events that came out yesterday have completely changed the market landscape. We are seeing that the US dollar has become so strong that it has moved more than 50-70 pips. The same situation is observed with USDCAD....
USD/CHF D1 The USDCHF currency pair has recently exhibited significant bearish potential, as evidenced by its confirmed penetration below the critical price level of 0.90235. This breach serves as a clear indication of the prevailing downward trend...
I was expecting a completely different situation on Friday! The opening of the resistance line of the daily channel by the bulls, although it only gave a preliminary signal for further development of the north, the bulls were very confident in...