The USD/CAD pair experienced a slight rebound during Monday's European session, trading around 1.4350 after a four-day decline. However, the overall technical picture remains uncertain, reflecting a tug-of-war between buyers and sellers. The daily...
GBP/ JPY Price Trends The GBP/JPY currency pair had a volatile trading session on Friday, initially falling to a four-month low around 188.00 before bouncing back to reach around 189.50 during North American trading hours. The surge in sterling saw...
XAU/USD Market Outlook Greetings and Good Morning to everyone! The market of XAU/USD had reached the 2861 zone without completing a correction process on Friday, suggesting that the price had moved too far too quickly. In typical market behavior,...
The crude oil H1 chart shows a prolonged downtrend that has been in place since mid-January, with a series of lower highs and lower lows. The price has been consistently moving within the Bollinger Bands, respecting the lower band as a dynamic...
As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...
