The EUR/GBP exchange rate rose on Friday, approaching the 0.8300 level after recovering from a two-year low of 0.8225 earlier in the week. The increase in the euro's value comes after the publication of disappointing economic data from the United...
The market sentiment for the XAU/USD pair is in favor of buyers. And the bullish scenario may help buyers to cross the 2710 area next. In addition, the US dollar sees several news events next week, such as the Philadelphia Fed Manufacturing Index,...
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...
Business Analysis and Advice on Japanese Yen Trading A test of the 152.82 price level occurred when the MACD indicator moved well below the zero level, limiting the pair's downside potential. For this reason I did not sell the dollar. Following the...
The Spot price has managed to recover part of its heavy intraday losses against the US Dollar, rebounding by around 50 pips after hitting a fresh three-month low. Despite this short-term recovery, a sustained price appreciation remains elusive. The...
