The outlook for the pair is driven by a combination of fundamental factors and technical patterns, creating a complex yet intriguing trading environment. Rising oil prices have lent some support to the Canadian Dollar, given Canada’s status as a...
GBP/USD picks up fresh bids and clings to modest daily gains above 1.2750. Markets cheer improving risk sentiment as traders shrug off geopolitical risks and reposition ahead of the US inflation test, making it difficult for the US Dollar to gather...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5880 and the support level at 0.5804. Now that the market price has broken the support level and closed...
GBP / USD; An hourly Time Frame Recommendation After checking the fundamental and technical factors of the last week, we can recognize that the USA news data failed to help the bears or sellers of GBPUSD. Despite some bearish expectations, the...
Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 150.61, it also damaged...