GBP / AUD: An Hourly Time Frame Recommendation Today was a good day for the bears or sellers of GBPAUD, as the market responded to positive Australian news data that bolstered their position. The impact of the news was evident, with the market of...
XAU/USD Technical Analysis and Expectations Current Market Overview: Gold is currently in a bearish trend and is trading around 2684, but it has failed to break the resistance zone at 2725. The market tried to gain momentum but faced selling...
USD/CAD Technical Analysis: Right now, USD/CAD is hovering around 1.3740, with the pair consolidating after some recent ups and downs. On the 4-hour chart, it’s trading above both the 50-day and 200-day EMAs, which keeps the outlook bullish for...
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Hello, GBP/USD finally broke below the 1.2700 mark in the US session, as sentiment worsened after disappointing US employment and inflation figures. Poor stock performance and rising Treasury yields increased demand for the US dollar. If GBP/USD...
