GBP/USD Today, I’ve been analyzing the GBP/USD pair, and here’s my take on the current market situation. Fundamental Analysis The UK’s latest CPI data came in softer than expected, dropping to 3.1% YoY for November from 4.0%. This aligns with the...
Support and Resistance in Forex Trading Support and Resistance are key concepts in technical analysis. They represent price levels where the market tends to reverse, stall, or consolidate due to the balance of supply and demand. What is Support? ...
USD-JPY PAIR FORECAST The Fed's 25 bps interest rate cut at the FOMC meeting has been anticipated by market players and investors. The statement by Fed Chairman J. Powell was also seen as hawkish so that the outlook for the US Dollar currency...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello, how are you, invest social mt5 forum traders? The AUD/USD price chart indicates that AUD/USD opened today at 0.6380. Presently the price of AUD/USD is floating around the zone of $0.6227. Now,...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello, I hope you guys are doing well. This morning I will try to re-analyze the movement of the USD/CAD market. USD/CAD is trading at 1.4440 at the time of writing. At this time, USD/CAD is...
