The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index, and the leading economic indicators index led to a surge in volatility, but that was...
The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....
USD/CAD analysis: At the H1 timeframe analysis, the USD/CAD pair is currently encountering resistance from sellers who are trying to reverse the ongoing uptrend. The pair recently dropped from a high around 1.3790. Now, the price is trading between...
The USD/CHF pair is currently trading around 0.8962, and the prevailing trend appears bearish. This suggests that market activity is subdued, potentially building towards a significant movement in the near future. Traders and analysts often observe...
GBP/USD Analysiserformance will remain limited Since the start of this week’s trading, weak sentiment has hampered GBP/USD’s chances of an upside recovery, with gains failing to break the 1.2702 resistance level as it began to decline again and at...