Forecast of USDCAD When the market opened on Monday, the USDCAD trading pair was opened in a wide bullish gap, as seen on the H4 time frame chart, since last Friday, just before the trading market closed, there was a lot of buyer pressure at the...
The GBP/USD weekly chart presents a long-term bearish trend with multiple retracement phases, consolidations, and resistance rejections. Historically, the pair traded above 1.70 in mid-2014 but experienced a sharp decline due to Brexit uncertainty,...
Forecast of NZDUSD Even though its trend was bearish and continues to be so, the NZDUSD's daily time frame chart indicates that on Monday of this week, it began to climb upward due to increasing buyer momentum. After testing its strong support level...
British Pound vs. Australian Dollar: Midterm Forecast and Technical Analysis Introduction The currency pair of the British Pound (GBP) and the Australian Dollar (AUD) has garnered attention due to the unique characteristics of both currencies. The...
Forex and Cryptocurrency Forecast for February 10 - 14, 2025 The past week saw contrasting movements in key markets. The euro continued to lose ground against the US dollar, with bearish sentiment dominating the EUR/USD pair. Meanwhile, bitcoin...