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Technical analysis of GBPAUD Now I will do a market analysis on the GBP/AUD pair. GBPAUD is the leading currency pair in the foreign exchange market. I am looking at the GBPAUD h1 timeframe chart. The market is currently in between support and...
For the attention of traders and analysts, I present my analysis of the daily chart for the NZD/USD currency pair. Over the past two months, I have observed that the instrument has been forming a predictable upward trend, which provides a clear...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...