The current level of interest in the GBP/USD currency pair may not be sufficient to drive significant price increases in the near future. This suggests that any upward movement in the exchange rate might be limited unless there is a substantial...
The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....
The NZD/USD currency pair is currently trading at 0.6143, reflecting a bearish trend in recent trading sessions. The New Zealand Dollar (NZD) has been under pressure against the US Dollar (USD), indicating a preference for the safer haven of the...
USD-CAD PAIR ANALYSIS Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around...
A confident bullish candle has formed on the gold chart, closing near its highs without a proper correction. This pattern is a strong indication of continued upward momentum. Bullish candles generally suggest that buyers are in control and pushing...