GBPUSD Technical Outlook Hello, everyone! Good evening. If we approach this level with declining or below-average volumes, there’s a chance for an unexpected move, as illustrated in my scenario. Specifically, the price could suddenly spike upward,...
The GBP/JPY H1 chart shows a current price of 191.68, indicating a phase of consolidation after previous fluctuations. The market has experienced both bullish and bearish movements, reflecting indecision among traders. The Bollinger Bands reveal...
Gold Price Activity Review Gold prices continued their rally for five consecutive days, triggered by President Trump's tariff war against China, Canada and Mexico. Although tariffs against the last two countries were temporarily suspended, this...
Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
General Points about AUDJPY: Today, the AUD/JPY market shows strong momentum from buyers, indicating the pair may be in the early stages of an upward movement. Technically speaking, the market seems set to rise after having dropped significantly in...
