This pair is still in accordance with the analysis some time ago. The SR Flip area becomes a strong enough area to withstand the bearish pressure. The possibility of a strong price will be bullish with 3 targets that can be achieved. Adjust your analysis & money management to follow this analysis.
The recent failures of Silicon Valley Bank (SVB) and Signature Bank have exposed cracks in the banking system, partially due to overly restrictive monetary policy. This situation could quickly spread, causing the Federal Reserve to intervene to protect depositors and launch emergency liquidity programs to support lending institutions. In summary, systemic risk...
The EUR/USD is pushing lower because of Friday's USD PCE coming out higher then expected, and the previous reading revised higher. This is supposedly the FED's favorite measure of inflation, which gives the FED additional evidence to increase rate hikes. I do not think that the FED will be inclined to raise rates in the March meeting by 50 basis points. It will...
gbp is currently very weak while usd is gaining strength. Usd will be bullish this week. Price may consolidate for a little on this pair but I dont think price will move up until my target is hit.
the us dollar is currently very strong after nfp from last week. I am expecting usd to keep this strength this week. AUD is very weak, and i expect it to stay weak during this week. I am shorting this pair.
GBPUSD is in short-term bearish, it is retesting the previous bearish movement. Expecting another bearish movement