EUR/GBP Market Analysis: 4-Hour Chart Insights Current Market Overview: The EUR/GBP currency pair has been experiencing a continuous downtrend over the past several weeks, as reflected in the 4-hour timeframe. The pair opened at 0.82477, reached a...
The Canadian Dollar (CAD) is set to react to official employment data, with market expectations indicating a slowdown in hiring for December. Analysts predict job additions to decline to 25K from the previous 50.5K, while the Unemployment Rate is...
EURJPY Analysis The EUR/JPY currency pair family chart shows a strong decline in the descending channel, indicating that bearish sentiment prevails. The price is moving between two converging trend lines and forms a falling wedge pattern. This...
I have recently observed a bearish volume on the PR indicator on the H4 chart, aligning with the resistance level of 1.2702. As soon as this level was touched, the price began to decline, confirming my bearish outlook. I also see that the basement...
AUD USD today technical analysis As of February 28, 2025, the Australian Dollar (AUD) has experienced a notable decline against the U.S. Dollar (USD), with the AUD/USD pair trading near 0.6184, levels reminiscent of the post-pandemic period in...