The EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...
In my analysis of the USD/CHF currency pair, I've determined that I will only consider entering a sell position if the price rises to 0.9034. This level is significant for me as it offers a favorable opportunity to set a strong stop-loss level at...
Greetings to all traders! I hope your trading week has been fruitful. This week, the British pound (GBP) experienced a brief pause after its rapid growth the week before. The GBP/USD currency pair entered a consolidation phase, with the price...
I observe that the EURUSD pair is currently trading above its moving averages, signaling a bullish shift as the prior downward trend has been invalidated. I note that the recent breakout above resistance at 1.07766 reinforces this upward momentum,...
The technical analysis of the USDCAD currency pair on the H1 timeframe reveals several key insights regarding its price action and potential future movements. First, it's essential to identify significant levels of support and resistance on the...
