Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
GBP-USD PAIR FORECAST From the market travel pattern this week, at least it is still clearly visible that the GBP-USD market pair is indeed trying to return to a bullish journey again, even if you look at what is currently happening which is still...
Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
Gold’s price action on the four-hour chart reflects a strong uptrend, with consistently higher highs and higher lows. However, after reaching a peak near the 2743 level, the price appears to be experiencing a temporary pullback, likely due to...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently locked in a tight range around the critical 1.2500 level, a psychologically significant price point for traders. Repeated attempts by the pair to break through this level,...
