GBPUSD Technical Outlook Hello, everyone! Good evening. If we approach this level with declining or below-average volumes, there’s a chance for an unexpected move, as illustrated in my scenario. Specifically, the price could suddenly spike upward,...
Technical Analysis: EUR/USD rebounds to near 1.0400 EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war. The ECB is expected to continue reducing interest rates amid confidence that the...
Technical Analysisound Sterling rises to near 50-day EMA The Pound Sterling declines against its major peers as traders price in a 25 bps interest rate cut by the BoE on Thursday. Investors should brace for high volatility amid uncertainty over...
EUR/JPY Hello colleagues. On the daily chart of the pair, the movement has been going sideways lately. Today, there is also movement within the sideways at this time. I wonder how the pair will move further, will the sideways movement continue or...
USDCAD Daily Chart Yesterday on the daily chart of the Canadian dollar, the price was falling all day. It tested the resistance, then began to decline. It broke through the support of 1.43432, the support was broken and it consolidated below these...
