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• Mohamed Samy

  June 8, 2023 : Analyzing Recent Trends and Trading

2023-06-08 18:11:05

The 1.0930 level was a key barrier for buyers, who could only lift the prices to 1.1000 briefly. Therefore, the current level of 1.1000 was important to be watched watch for signs of selling pressure.

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• Mohamed Samy

  June 8, 2023 : EUR/USD Intraday technical analysis and

2023-06-08 18:08:33

The bulls controlled the price action near the important level of 1.0550-1.0600, resulting in more bullish continuation towards 1.0800. Besides, there is a possibility of more bullish movement towards the nearest resistance zone around

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• Mohamed Samy

  June 8, 2023 : GBP/USD Intraday technical analysis and

2023-06-08 18:05:58

After the recent bullish breakout above 1.2340, latest fundamental analysis shows that the USD has been weakened by low interest rates and inflation worries. However, traders should be cautious and monitor any news that could impact the

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• Alexander Dneprovskiy

  GBP/USD. Analysis for June 8th. The unjustified rise of the

2023-06-08 17:03:08

The exchange rate of the pound/dollar pair increased by 100 basis points on Thursday

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• Alexandros Yfantis

  Technical analysis on USDCHF for June 8th, 2023.

2023-06-08 16:56:30

In our previous analysis we talked about the importance of the black upward sloping support trend line and about the fact the bulls so far respected this support. Yesterday USDCHF formed another lower high at 0.9105 and started its

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• Alexandros Yfantis

  Technical analysis on GBPUSD for June 8th, 2023.

2023-06-08 16:51:07

Following our previous analysis on GBPUSD, we see price break above the recent highs confirming our bullish expectations. As we noted in our previous analysis as long as price is above the black support trend line we remain bullish.

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• Alexandros Yfantis

  Ichimoku cloud indicator analysis on Gold for June 8th,

2023-06-08 16:47:39

Gold price is trading around $1,966 erasing yesterday's losses and trading above yesterday's highs. On a technical perspective price has successfully tested support and is showing reversal signs. According to the Ichimoku cloud in the

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• Alexandros Yfantis

  Bullish reversal in EURUSD according to the Ichimoku cloud

2023-06-08 16:43:49

According to the Ichimoku cloud indicator in the 4 hour chart, EURUSD is now in a bullish trend. Price has broken out and above the Kumo (cloud) providing a bullish signal. Price is trading around 1.0785. Bulls of course should not get

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• Alexander Dneprovskiy

  Analysis of EUR/USD. June 8th. A corrective wave is

2023-06-08 16:14:52

The exchange rate of the euro/dollar pair increased by 75 basis points on Thursday, which could raise a lot of questions