The spot price finds itself under pressure, hovering around the critical support level of 1.2600 against the US Dollar (USD) during Friday’s New York session. This marks the fourth consecutive session of losses for the GBP/USD pair, driven by a...
The spot price continues its winning streak for the sixth consecutive day, trading near the 1.4100 level during Friday’s Asian session. The pair reflects cautious optimism as traders anticipate key economic data releases from both the US and Canada....
Technical Analysis of USD/JPY Last week, the Japanese yen continued a slight decline in the rate and repeatedly reached new highs. Having broken through the level of 151.80 (finding support), the price rebounded and began a sharp move to the level...
Technical Analysis of Gold Gold prices continued to fall last trading week, and the decline accelerated significantly. After a short consolidation above the 2738 mark, the price began to fall sharply and dropped below the 2665 mark. After a small...
Technical Analysis of USD/CAD The Canadian dollar has remained unchanged in the past week, remaining in a sideways range between 1.3862 and 1.3947. The price has tried to squeeze all the boundaries many times, but so far without success. At the same...
