The Canadian Dollar (CAD) has started the week on weaker footing, slipping half a percent against the US Dollar (USD) on Monday. This decline follows the Federal Reserve's decision to trim rate cuts for the first time in over four years last month,...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
GBPUSD TECHNICAL ANALYSIS If we analyze over a 4 hour time frame, we can see that since the candlestick failed to enter the supply zone at the price of 1.2800, the GBPUSD pair has not continued to rise. On the contrary, its movement slowly and...
USD/JPY is closely related to US 5- and 10-year yields, with a correlation close to 0.95. Wednesday's US CPI report appears to be a key event with the potential to shake up Fed expectations Technical signals indicate that USD/JPY is on the verge of...
Trading journal Monday, December 09, 2024 GBPUSD Buyers still maintain the opportunity for price increases Assalamu'alaikum Hopefully everyone is still in good health and increasingly enthusiastic on Monday morning still in the mid-December period...