I fully admit that yesterday’s accumulation will result in a sharp northern exit. As I have said many times, I plan to monitor the resistance level at 79.96 or the resistance level at 80.62. Near these resistance levels, two scenarios can unfold....
The EUR/GBP currency pair has been in a steep decline recently, after being stuck in a narrow trading range for most of the year. This lack of movement suggests indecision among market participants, but the recent breakout to the downside indicates...
GBP/USD Hello everyone who is awake! I continue to analyze GBP/USD, now on the weekly timeframe! At the time of day, I wrote about the fact that the price will continue to decline, a bearish trend is gradually forming, the price has already entered...
The AUD/USD exchange rate currently stands at 0.6643, and the market trend is showing a bearish outlook. Despite the gradual decline, there are compelling reasons to anticipate significant movements in the coming days. This projection is based on a...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...