The image depicts a candlestick chart of the GBP/USD currency pair, showcasing its price movements over a period. Here's a detailed analysis based on the chart: ### Overview The chart shows the daily price movements of the GBP/USD currency pair. Key...
EUR/USD daily H1 timeframe chart Greetings. In the H1 chart, a downward channel with a trajectory is evident, marked in blue in my drawing. The current decline hit EUR/USD daily H1 timeframe chart its lower boundary at 1.0709. Following this, the...
USD/CHF H-1 USDCHF H1 US Dollar/Swiss Franc. After analyzing the behavior of the instrument in the hourly time frame, I think it is quite logical to enter the market with a buying aim. Why have I concluded I see a high probability of an extensive...
The Australian dollar is stable on Monday. In the European session, AUD/USD is trading at 0.6605, down 0.14% on the day. Last week the Australian dollar rose as much as 1.8% but most of those gains were trimmed. The RBA was expected to hold rates...
GBP/USD Technical Analysis Investor confidence that price pressures will settle close to the target rate will rise in response to the anticipated drop in UK inflation. This will increase anticipations of an early Bank of England (BoE) rate decrease....