Wednesday's European session saw the USD/CAD pair continue downward below the crucial barrier 1.4300. Since US President Donald Trump postponed his instructions to apply 25% tariffs on Canada for 30 days, the Loonie pair declined while the Canadian...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0061 resistance and 1.9920 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
GBP/USD Price Action Momentum GBPUSD resumed its bullish rely. Buyers managed to bring the price out of the sideway area. The dollar index which weakened significantly again made GBPUSD rise again. The price position tonight is in the resistance...
Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
Crude Oil Technical and Fundamental Analysis Crude oil prices are in a downtrend and are supported by a bearish market structure. However, this structure was recently broken on the 1-hour time frame, signaling a shift to the uptrend. The price is...
