The GBP/USD currency pair experienced an upward surge on Monday, primarily fueled by a notable depreciation of the US dollar and burgeoning optimism regarding a potential revitalization of sterling funding. However, this bullish momentum proved...
I believe the USD/CAD pair presents a compelling opportunity for traders, especially given the current market dynamics. I observe that the U.S. dollar is strengthening significantly, which is providing strong support for the pair’s upward momentum....
EURUSD Technical Analysis EURUSD is trading at 1.06137 on the H1 timeframe, maintaining strong bullish momentum. The price is above the 150-period moving average (MA), confirming the uptrend. The recent rally has pushed the pair into overbought...
EURUSD Daily Forecast The euro rose on Monday after better-than-expected inflation data boosted sentiment towards the currency. Such high inflation data suggest that price pressures remain worrisome and could reduce the ECB’s flexibility in its...
THE CURRENCY PAIR GBP-USD But growth, of course, is worth waiting for, and today it is developing, and the nearest target in the form of resistance is located at 1.2665. A breakout of this resistance can send GBP/USD to one of the main resistance...
