AUD / USD: An Hourly Time Frame Recommendation Yesterday, the market sentiment of AUDUSD was notably weak, hovering around the 0.6245 level, indicating bulls lacked the strength to drive significant price movement. Consistent holidays that started...
USD / CAD: Trading Recommendation The bulls of USDCAD are still in action, showing a steady effort to maintain control over the market. Yet, momentum remains sluggish as consistent holidays impact trading activity. Reduced market participation has...
The euro experienced minimal movement against the US dollar during Boxing Day trading, a predictable outcome given the reduced market activity following the Christmas holiday. Liquidity remains a challenge, and this subdued environment is likely to...
GBP/USD Technical Analysis and Key Concepts The GBP/USD market has seen significant volatility today, falling as low as 1.2499 before resuming its gains. The GBP/USD markets are currently trading at 1.2512, indicating a cautious recovery. However,...
The price is currently grappling with a challenging landscape. Despite some initial gains against the Dollar, the currency remains near its lowest point since early December. This weakness stems from a confluence of factors, primarily the Bank of...
