Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
The spot price has managed to retain some of its earlier gains, though it remains significantly below the weekly highs. During the European session last Monday, the pair briefly surged to approximately 1.2800, but by the market close, it had settled...
The NZD/USD pair posted modest gains below the 0.5790 level during early Asian trading on Thursday, amid continued uncertainty over potential changes in US trade policy. Concerns have emerged over the possibility of a weakening of the Chinese yuan...
The currency pair opened the week with a sharp decline, extending a two-day losing streak before finding support around the key psychological level of 1.0450. On Friday, however, the pair saw a slight recovery, rising to 1.0525 as buyers stepped in....
Aussie dollar struggles amid mixed signals The Australian dollar has seen choppy trading over the past week, finding itself at a key long-term support level that dates back several years. While this support provides some stability, overall market...
