The British pound saw a minor increase on Tuesday, rising nearly 0.2% to reach the 1.2800 level, a crucial resistance point that has recently hindered bullish momentum. As investors await the release of the US Consumer Price Index (CPI) inflation...
The chart represents the GBP/USD currency pair on the H1 (hourly) timeframe. This analysis will evaluate price action, moving averages, and the Relative Strength Index (RSI) indicator to determine the market sentiment and potential trading...
USD/CAD Market Outlook Greetings and Good morning to everyone! Today, the market sentiment of USD/CAD looks in favor of sellers. Because the Canadian news events can help them. BOC's Monitory Policy, Rate Statemen,t, and PresConferencece can help...
USD/JPY ANALYSIS H4 Period Chart USD-JPY currency pair. In my opinion, further price growth is more promising now, it looks bigger to me. The wave structure has changed to ascending again after the descending resistance line was broken upwards....
USD/JPY buyers are waiting for the release of CPI and US crude oil inventory data. Therefore, we should trade cautiously and use stop losses in our trades. In addition, USD/JPY buyers can open a buy order with a short target of 152.45 ahead....