Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market is rising, which is helping the price, which is currently at the trend line, to rise. The market price encountered some resistance and found support at 1.7979 and...
USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing a slight bullish bias. I’m keeping an eye on key support at 0.8520 and 0.8500, while resistance sits at 0.8580 and 0.8600. RSI is hovering near 55, suggesting mild...
Gold Price Forecast: XAU/USD Stable Around $2,610 Ahead of Christmas Eve Gold prices are currently stable around $2,610 as the US Dollar maintains its strength. The Federal Reserve (Fed) has indicated fewer rate cuts for the upcoming year, which is...
The Story in the Charts: GBP/ USD Our discussion centres on analyzing the present price behaviour of the GBP/ USD currency pair. The quote opened after the holiday without surprises, but the pair remains in place within a narrow, sideways range;...
The GBP/JPY pair appears to be trading in a bullish trend overall, as indicated by the price action moving above the red moving average line. This moving average acts as dynamic support and resistance, suggesting a continued upward trajectory. The...
