Reading the Language of GBP/ USD Prices Today, we'll analyze the price movements of the GBP/ USD Currency pair. The price forms an AB-CD pattern, transitioning from a bearish to a bullish trend. The AB segment is complete, and the BC segment is in...
The British pound's recent strength against the US dollar seems to be fading. Positive US jobs data in May triggered a sharp decline for the pound, pushing it below a key support level (1.2770). This weakness is further highlighted by a technical...
Bitcoin's Recent Decline and Promising Outlook: An In-Depth Analysis Bitcoin, the world’s leading cryptocurrency, experienced a slight decline of 1.33% over the past 2 days, settling at $69,501. Despite this recent dip, Bitcoin has shown resilience,...
### Analysis of the USD/CHF Currency Pairotential for Big Movement The USD/CHF currency pair, currently trading around 0.8971, has shown a bearish trend in recent times. This movement is critical as it reflects broader economic dynamics between the...
Strategic Forex Trading: USD/ CAD Prices We are studying the ongoing USD/ CAD currency pair price action. A slight upward correction is permissible, but the decline will resume afterward. A false breakout of the 1.3782 level is also acceptable,...