USDCAD Daily Time Chart Analysis The daily chart of the USDCAD currency pair shows a strong uptrend, and the current trading price on the Ichimoku Cloud shows strong momentum. The market is making higher highs and lower lows, confirming the...
The GBP/USD H1 chart shows a well-defined uptrend followed by a phase of consolidation and slight retracement. The price has been trading above the midline of the Bollinger Bands, suggesting ongoing bullish momentum. However, recent price action...
Market participants are closely monitoring upcoming economic releases from both the Eurozone and the United States, which could influence EUR/USD’s near-term trajectory. German Retail Sales and the pan-EU Producer Price Index (PPI) inflation data...
On the daily chart of this currency pair AUDUSD, you can see how, since beginning the current February, the price has made a dip downwards, with a price gap, and updated the minimum of the previous January. A bullish divergence has formed on the...
EUR/GBP Market Analysis: 4-Hour Chart Insights Current Market Overview: The EUR/GBP currency pair has been experiencing a continuous downtrend over the past several weeks, as reflected in the 4-hour timeframe. The pair opened at 0.82477, reached a...