EUR/USD Analysis Following the release of nonfarm payroll data on Monday, the US dollar (USD) continued its strong rally, sending the EUR/USD pair into negative territory and falling to a five-week low in the 1.0735-1.0730 range. However, after...
GBP/USD H-1 Greetings to all forum members! Above the price there is a moving average indicator, as we can see from the chart of this pair, this suggests that it is most profitable to carry out sell transactions, but not to buy. To confirm sales, we...
The British pound took a hit on Tuesday after weak UK employment data triggered a sell-off. The pound (GBP) specifically weakened against the US dollar (USD), with the GBP/USD pair falling below 1.2740 during the London session. This decline stemmed...
This week, the pair's price is trading within price channels that support the upward trend, and a price bottom has been formed along with the lower channel lines. As the price approached the weekly pivot level, the price rebounded, forming a price...
USD/JPY Pair Analysis: Navigating The Consolidation Phase Today, the USD/JPY currency pair is experiencing typical movements, hovering around the 157.22 level. On the H4 chart, the pair is currently trapped between the critical levels of 155.26 and...