EUR/USD's technical landscape points to a bearish outlook following its recent breach below the prior structural low, signaling weakness in the pair’s upward momentum. The supply zone that triggered this break of structure becomes a critical area of...
USD/CAD Fundamental Analysis: Looking at last week’s data, the U.S. economy is showing resilience, with Q4 GDP coming in at 3.3%, well above expectations. However, Friday’s PCE inflation data at 2.9% suggests that inflation is cooling, which could...
NZD/USD, technical analysis. W-1 Friday's results: I transferred the long deal to overnight for Monday with a floating profit.Trading idea: Counter-trend purchase.Two options for the bulls' exit to the inclined resistance of the trend line (orange,...
The GBP/JPY pair is attracting a lot of interest as it suggests vast upside workable from 109 to 163 pips. This bullish outlook is headquartered on the guide stage of 193.75, a key benchmark that has tested to face up to downward strain so far. The...
XAUUSD Technical Analysis I am doing a technical analysis of the XAUUSD pair in the H1 timeframe. The price rose to approach the high/resistance line of 2785. However, the next movement stopped, and this week's market close price was still below...
