I am closely monitoring the price movement of the Australian-Canadian pair and anticipate a continuation of the downward trend from the resistance zone of 0.89710-0.90472. However, based on my experience, price movements rarely follow a single...
The GBP/USD pair extended its decline for a third consecutive session on Monday, starting the new trading week with a notable drop below the 1.2400 level, representing a loss of roughly 0.3%. This downward movement reflects a combination of factors,...
The NZD/USD pair experienced a modest decline on Monday, dropping to 0.5640 as selling pressure continued to dominate the market. Despite earlier efforts to maintain its position above the 20-day Simple Moving Average (SMA), the pair remains under...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Dear Sir or Madam, I would like to update my technical analysis of GBP/USD. I will consider the outlook for price action in the GBP/USD market. GBP/USD is currently moving at 1.2356. According to...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello, today I picked EUR/USD for technical analysis and we will analyze the price action of EUR/USD for today. EUR/USD is trading at 1.0301 at the time of writing. According to the indicator’s...
