The weakness in GBPAUD is primarily due to broad-based GBP weakness in recent days. UK economic data, including slowing GDP growth and softening wage figures, has reduced expectations of further BoE tightening. Meanwhile, the Australian dollar has...
XAU/USD Outlook Hello and good morning everyone! Yesterday, the XAU/USD market experienced a significant decline, breaking below the 3026 level. Nevertheless, this is merely a short-term situation, and the market is likely to recover. Additionally,...
GBPCAD Daily Forecast Today, the GBP/CAD currency pair displayed signs of improvement during the trading session, rising past the 100-day simple moving average, reaching 1. 8075. This shift comes as we witness significant changes in geopolitics...
Technical analysis 11 April 2025 USD/CHF D-1 In general, of course, they are making every effort to fully push through the support zone for the USDCHF pair. So many attempts have been repelled, but the rate continues to be pushed lower. Let's see,...
In the world of forex trading, technical analysis is a critical tool used by traders to make informed decisions about their market positions. One popular approach involves the use of various indicators to gauge market momentum, trends, and potential...
