GBPUSD has shown signs of life, bouncing from its low of 1.2518 and reaching 1.2641. This begs the question: is this the start of a new rally, or just a temporary pause in the downtrend from 1.2827?...
EURUSD has found temporary relief at the 1.0723 support level, bouncing back to reach 1.0783. This raises the question: is a period of consolidation brewing, or will the downtrend from 1.1139 resume soon? Let’s analyze the technicals...
After briefly flirtating with resistance, EURGBP has fallen back into its downtrend. Let’s analyze the technical picture to understand what this means for the pair’s next move. Downtrend Reinforced by Breakdown Potential Downside Targets Resistance and a...
USDCHF has displayed bullish momentum, breaking above the key resistance level of 0.8728. This breakout suggests a potential resumption of the uptrend that began at 0.8332. Let’s delve into the technical details to understand what this means...
GBPUSD has found temporary solace at the 1.2500 support level, bouncing back from a low of 1.2518. This raises the question: Is a period of consolidation in the downtrend from 1.2827 brewing, or will the decline resume...
USDCHF has been on an upward trajectory, breaking above the resistance level of 0.8684 and reaching as high as 0.8723. Now, it faces a crucial hurdle at 0.8728. Let’s dive into the technical analysis to understand what...
The EURGBP pair has ascended past the resistance mark of its falling price channel as visualized on the 4-hour chart. Its successful breach above the key resistance at 0.8567 suggests an end to the downward trajectory from...
GBPUSD has continued its downward trajectory, breaking below the key support level of 1.2596 and reaching a low of 1.2518. Let’s break down the technical analysis to understand where the pair might head next. Support Levels and...
The EURUSD pair has plunged below the lower trendline of its 4-hour falling price channel, extending its decline to reach 1.0723, where it encounters the key support level of December 8th, 2023 low. Let’s analyze the technical...
The USDCAD pair has formed a double bottom pattern on its 4-hour chart, potentially indicating a shift in momentum. Let’s delve into the technical details to understand what this means for the pair’s future direction. Double Bottom...
