GBPUSD is marking a negative day after its four-day gradual bull run met resistance near the 1.2653 zone, which is marginally below the low from September 2020. The short-term bias is viewed as neutral as the RSI is diminishing towards its 50 neutral mark after barely peeking above it, while the MACD has yet to enter the […]
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In an interview with the Financial Times, ECB President Christine Lagarde expressed optimism about nearing the inflation target. She remarked that ECB is “very close” to declaring that inflation has been “sustainably” brought back to Read more…
Key Highlights EUR/USD started a recovery wave from the 1.0350 zone. A key bearish trend line is forming with resistance near 1.0450 on the 4-hour chart. GBP/USD is facing hurdles near the 1.2650 and 1.2720 Read more…
EURCHF falling inside minor impulse wave 5 Likely to fall to support level 0.9250 EURCHF currency pair continues to fall inside the minor impulse wave 5, which started earlier from the pivotal resistance level 0.9430 Read more…