GBP/USD Analysis: Currently, the market shows strong bullish sentiment for the GBP/USD pair. The level of 1.2647 is crucial as it represents the highest point reached in the past year, indicating significant resistance. If we manage to break this...
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...
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 New Zealand Dollar (NZD) is facing strong selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to hold above its key 20-day simple moving average (SMA). This critical support level has been rejected four times this week...
The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....