The Canadian dollar (CAD) has recently shown modest gains against the U.S. dollar, primarily driven by weaker U.S. economic data. A notable factor contributing to this is the rise in initial jobless claims in the U.S., signaling a slowdown in the...
The GBP/USD currency pair experienced a surge on Tuesday, driven by Bank of England (BoE) Governor Andrew Bailey's indication of potential future interest rate cuts. While the BoE maintains a cautious stance and emphasizes data-driven decisions, the...
GBP/USD has shown limited movement in recent hours, maintaining a position above the 13-period Simple Moving Average (SMA) at 1.2755. This suggests a mild bullish bias, although the overall trend remains uncertain. The pair's immediate resistance...
What indicates that DUNBAR TRADE INVEST is not a scammer? A forex broker is a company engaged in providing financial services. It also gives access to a platform to close/open trades. Clients include retail traders, investors. Simply put, it is a...
Looking at the daily time frame chart, I can clearly see the growing strength of the buyers. This is evident from the bearish candles with large shadows from below, forming pinbars as the price approaches the resistance zone. These pinbars suggest...