The current market dynamics suggest a potential retracement towards 0.8439, which could signal renewed interest from buyers. This level is crucial, as it serves as a psychological barrier where traders may look to enter positions if they believe the...
GBP/USD TECHNICAL ANALYSIS: On the GBP/USD D1 time frame, the GBP/USD currency pair is currently trading at 1.3125, showing a clear bearish trend. The overall market sentiment is pointing towards further downward movement in the pair’s value, as the...
USD/CAD We focus on dissecting the real-time USD/ CAD currency pair price assessment. After yesterday's drop, I anticipate further downward movement in USD/CAD today. However, there is some inconsistency with daily volume, which shows growth. That...
EUR/USD Currency Pair Analysis Recent Price Action The EUR/USD currency pair attempted to gain momentum during Friday's Asian session but remained trading within a narrow range just above the psychological support level of 1.0900, which was close to...
Analysis of Current Market Trends Price Overview Currently, the price is hovering around the 1.3726 range. There is a potential for it to breach the low of 1.3720, which would establish a new lower low pattern. Conversely, if the price rallies, it...
