The pair currently exhibits a mixed outlook, influenced by uncertainties surrounding China’s economic health and potential shifts in US monetary policy. Market sentiment remains cautious as traders weigh China’s subdued stimulus measures against the...
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...
oooUSDCAD: A Tight Rope Waak Between The Two Economies (10/12/2024)ooo Now lets see what we have here. Trades completed under management Do scrutinize them. Trade Completed Screenshot Below. To get prior updates one can contact here...
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 Technical Analysis: Right now, GBP/USD is hovering around 1.2600, and I’m seeing mixed signals on the charts. On the 4-hour timeframe, it’s stuck near the 50-day EMA, which suggests indecision in the market. Key resistance is at 1.2650—if...