Technical Analysis: On the daily timeframe, GBPUSD maintains a bullish bias in the long term. During the previous week, price action formed an impulsive bullish leg, confirming continued demand and momentum to the upside. Currently, I expect a retracement to a key support zone (previous resistance), which is marked on the chart (red rectangle) This zone could...
On the daily chart, the EUR/USD pair shows a clear bullish bias in the long term, backed by strong upward momentum in recent sessions. 🔹 Price Action Overview: Last week, EUR/USD printed a strong impulsive move to the upside, indicating increased bullish interest and potential trend continuation. This momentum suggests that the bulls are firmly in control, at...
On the daily chart, the EUR/USD pair shows a clear bullish bias in the long term, backed by strong upward momentum in recent sessions. 🔹 Price Action Overview: Last week, EUR/USD printed a strong impulsive move to the upside, indicating increased bullish interest and potential trend continuation. This momentum suggests that the bulls are firmly in control, at...