Ongoing conflicts in the Middle East and the enduring Russia-Ukraine war have fueled demand for the US dollar as a safe-haven asset. However, expectations are mounting that the Federal Reserve could resume its rate-cutting cycle sooner than...
The EURUSD family chart paints a compelling picture of the market moving from a long-term downtrend to a clear uptrend, indicating major structural changes. The trend was downward, showing a series of lower highs and lower lows, and this continued...
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...
GBPJPY Analysis The daily chart of the GBP/JPY currency pair shows a significant change in the market structure, as it has moved from a strong and stable bullish phase to a correction or consolidation phase. Initially, the pair showed strong upward...
The EUR/USD pair kicked off the new week with strong bullish momentum, surging beyond the 1.1550 mark during Monday’s session. This impressive upward move propelled the pair to its highest level in over three and a half years, underscoring...