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On Friday, the EUR/USD pair continued its decline after consolidating below the 61.8% Fibonacci level at 1.1594, moving toward the 76.4% corrective level at 1.1517. A rebound from this level...

On the hourly chart, the GBP/USD pair continued its downward movement on Friday, but bears failed to consolidate below the support level of 1.3110–1.3139. Thus, we have already seen...

Meanwhile, the European currency continues to face pressure. According to Governing Council member Joachim Nagel, the eurozone's economic data generally aligns with the European Central Bank's (ECB) forecasts, which leaves...

The British pound has recently been facing significant difficulties, largely tied to problems with approving the new UK budget for next year. As a reminder, a similar issue...

In October, the pair moved downward and tested the 38.2% retracement level – 1.3140 (red dashed line), closing the monthly candle at 1.3151. In November, the price is expected...

In October, the pair moved downward and almost tested the 23.6% retracement level – 1.1506 (yellow dashed line), closing the monthly candle at 1.1537. In November, the price is expected...

Last week, the pair moved downward and tested the 38.2% retracement level – 1.3141 (red dashed line), closing the weekly candle at 1.3151. In the upcoming week, the price...

Last week, the pair moved downward and almost tested the 23.6% retracement level – 1.1506 (red dashed line), then moved upward, closing the weekly candle at 1.1537. In the upcoming...

On Friday, the pair moved downward to the 161.8% level – 1.3089 (red dashed line), then turned upward, closing the daily candle at 1.3151. Today it will attempt to start...

On Friday, the pair moved downward to the 76.4% level – 1.1515 (blue dashed line), then moved upward, closing the daily candle at 1.1537. Today it will attempt to start...