The AUD/CAD currency pair, currently trading around 0.9097, is exhibiting a bearish trend. Despite the slow market movement, several factors suggest the potential for significant shifts in the near future. Understanding the underlying economic,...
GBP/USD Hello everyone who is awake! I continue to analyze GBP/USD, now on the weekly timeframe! At the time of day, I wrote about the fact that the price will continue to decline, a bearish trend is gradually forming, the price has already entered...
The British Pound is currently licking its wounds after the Bank of England's (BoE) decision to hold rates sent it tumbling to a one-month low. GBP/USD is hovering around 1.2600, potentially setting the stage for a further decline. The BoE's dovish...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...
Hello most respected traders, the USD Index closed with a bullish trend, rising from 104.81 to 104.93. It is currently testing the 105.18 level. Yesterday, it attempted but failed to break the 105.30 resistance level. This indicates that while the...