GBPUSD Short-Term Outlook: This article analyzes the GBP/USD currency pair. After falling from highs below the ascending trendline to lows, the pair returned to the upper limit of the descending channel on the 1-hour chart. From there, it rebounded...
### AUD/USD Price Action Shows Potential for Upward Continuation **Forex Analysis for InvestSocial** Based on the H1 (Hourly) chart for AUD/USD, a technical and price action analysis reveals an emerging bullish pattern that suggests a continuation...
GBP/USD Timeframe H1: GBP/USD's movement on the H1 timeframe indicates that the currency pair remains under bearish pressure, despite signs of short-term price stabilization. The market structure since mid-May has shown a fairly aggressive decline,...
The "Labor Market Capitulation" Stall: AUD/USD Compresses into a Potent Triangle Pattern Near 0.7126 as a Dovish RBA Pivot Cripples the Aussie's Yield Premium The AUD/USD spot exchange rate surrendered its early weekly gains on Thursday, May 21,...
Pair Review of USD/CAD Hi colleagues. USDCAD market situation. Using data obtained from the Fibonacci grid, the market quote of 1.37608 falls within the range between the Fibonacci levels of 100 (1.37778) and 50 (1.37536). To understand the...