GBPUSD WEEKLY TECHNICAL ANLAYSIS Technical Analysis: GBP/USD found support near 1.2300, then showed a slight recovery before returning to the 1.2575 mark. Despite these short-term trends, the price is in an overall consolidation phase and is...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is rising, and the price has formed an ascending channel. The price of the market is quite respectful of this channel, so the price goes up. Market prices...
The US CB Consumer Confidence and Richmond Manufacturing Index report scheduled for release later today, will play a vital role in shaping XAU/USD movements. If these reports indicate economic strength and improved consumer sentiment, the USD may...
Crude oil prices have seen some downside pressure recently, but this has been somewhat cushioned by a smaller-than-expected increase in U.S. oil inventories. The American Petroleum Institute (API) reported a rise of 2.86 million barrels, which was...
Technical analysis of GBPCAD Today I will start technical analysis on GBP/CAD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance and above support. If the...
