The USD/CAD pair is currently in a downtrend on the 4-hour chart, where data shows that prices are moving within a descending trend, indicating that sellers are primarily in control of the market at this time. This downward trend presents a great...
GBP-USD D1 ANALYSIS CHART Hello, colleague! What we have now according to the readings of the indicators on the daily chart by waves:- MA100 is working out the space almost parallel to the floor—a sign of a flat mood during the week.- MA18 is...
The GBP/USD currency pair experienced a notable decline on Monday, marking its second consecutive session of losses. This downward trend prompted a surge in buying activity just above the crucial 200-day exponential moving average (EMA), situated at...
The AUD/USD pair has recently rebounded towards the 0.6040 mark during Monday's European session, after touching a fresh five-year low of 0.5930 earlier. This recovery in the Australian Dollar (AUD) comes as a result of growing expectations that...
Spot Gold is currently trading in the vicinity of $2,970, nearing the intraday low of $2,971.28 recorded during the Asian session. Market participants have remained on edge since the beginning of the trading day, primarily due to the escalating...