A Deep Dive into GBP/ USD Prices The GBP/USD pair on the H1 timeframe is currently showing a strong bearish trend, characterized by a series of lower highs and lower lows. This consistent downward movement reflects ongoing selling pressure,...
Gold prices experienced a slight dip in early Asian trading on Monday, settling around $2,690 per ounce. This downward movement coincided with a strengthening U.S. dollar, a trend that typically exerts pressure on non-yielding assets like gold. The...
NZD/USD Price Activity Upbeat NFP data report and US unemployment rate on Friday last week. This seems to strengthen the US Dollar outlook so that the NZDUSD pair price movement is pushed down. The impulsive downward rally is almost approaching the...
West Texas Intermediate (WTI) crude oil prices experienced a slight pullback on Tuesday, snapping a three-day winning streak after reaching a high point since October 8th. While trading near $77.00 per barrel in early European trading, the...
Forecast of USD/CAD: The market is currently in a bullish bias, but the pair is attempting to push lower. Yesterday, it opened at 1.4422, reaching a high of 1.4445 and a low of 1.4371, resulting in a trading range of about 74 pips. Market sentiment...
