GBPUSD Good morning. It looks like buyers started to push the price higher but yesterday they were unable to increase their positions any further. They now need to break and consolidate above the 1.27018 level and if they can achieve this, the...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...
Hello all, The analysis suggests that XAUUSD could face a bearish trend in the near future. The immediate target for the bears is to push the price down to 2309, which was the low reached yesterday. There is an ascending support line nearby that...
The new trading session for the USD/CAD currency pair presented a curious scene: the US dollar under pressure despite a strengthening US Dollar Index (DXY). This counterintuitive situation stemmed from two opposing forces. On one hand, the US dollar...
The USD/CAD currency pair prices are currently below the weekly lows. Repeated testing and subsequent rebound could provide an opportunity for a new upward movement with targets of 1.3673 and 1.3706. At the same time, key support areas could not...