Forecast of GBPUSD According to the GBPUSD daily time frame chart, the price of the GBPUSD has been solely in a bearish trend for the past three months after shifting from a bullish to a bearish trend on October 7th when it crossed the moving...
NZD/USD Price Move For the NZDUSD currency pair yesterday it opened at 0.5590. The price experienced an upward movement above the daily pivot point at 0.5592. However, the upward movement in this currency pair could not pass the price of 0.5600....
General Points about USDCAD This situation is quite damaging for the USDCAD sellers, as they continue to lose value in the market. This week, we saw that the Ivey PMI data for Canada was negative, signaling a weaker economic outlook. Even though the...
General Points about USDJPY: Currently, the USDJPY market is closed at the 157.70 level, highlighting a significant shift in momentum towards the buyers. This price level indicates that buyers are becoming increasingly strong, signaling a bullish...
USD/JPY Market Outlook Greetings and Good Morning to everyone! Yesterday, the market of USD/JPY crossed the 158.35 zone successfully. It shows that the sellers are still weak. However, the market needs a process which is an essential rule of this...
