GBP/USD GBP/USD is hanging around 1.2350 this morning after slipping a bit in early London trading. I’m seeing the pair still under pressure, mostly because the U.S. dollar continues to stay strong, while the pound seems to be lacking any real...
Let’s take a closer look at the D1 timeframe chart for the EURUSD currency pair. Most of April has gone by, and buyers are taking charge in the market. The wave pattern is still developing in an upward trend, and the MACD indicator is climbing in...
The USD/CAD pair remains poised for potential upside amid heightened political uncertainty and shifting macroeconomic dynamics. Former Bank of England Governor Mark Carney’s call for a snap Canadian election on April 28 has added a layer of...
AUD/USD This morning, I’m seeing AUD/USD holding near the 0.6410 mark after last week’s modest rebound. Price action still looks cautious, and I get the sense that bulls are lacking follow-through despite a slightly weaker U.S. dollar. Technical...
How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...
