Technical analysis of the USDCAD pair 4-hour chart The price of the pair began trading this week within the price triangle resulting from two channels, one bullish and the other bearish, representing the direction of price movement during the...
As of the current trading session, the GBP/USD pair is quoted at 1.2650. Recent market dynamics indicate that the US dollar continues to exhibit a bearish trend. This decline in the dollar's value can be attributed to a combination of factors...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Good morning and best wishes to all of us. AUD/USD is trading at 0.6605 at the time of writing. If you look at the history of yesterday's market movements, it seems that sellers are starting to...
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...