Market analysis Tuesday, February 04, 2025 GBPUSD Good afternoon, At the beginning of the week after the candlestick successfully penetrated the support at the price of 1.2300, the decline in the price of GBPUSD seemed to be getting deeper. However,...
USDCAD Daily Time Chart Analysis The US dollar fell sharply against the Canadian dollar on Monday, hitting a 22-year low of 1.4792. The decline came after its peer currency pair managed to close above the previous high. Thus, its a signaling a...
GBP/ USD: Navigating the Forex Let's discuss the topic of the analysis of the GBP/ USD currency pair's price behavior. I don't have time to draw arrows, following the change in the President of the United States policy. The quote traded with a...
update Tuesday – February 04, 2025 Good morning. I would like to thank you very much for the guys and forum friends who have shared daily analysis. This afternoon I will share an analysis for the USDCAD currency pair . In doing this analysis I use...
I observe a strong bearish trend on the hourly market chart, which informs my current strategy. I identify the upper boundary of the descending channel at **0.56345** as a critical resistance zone, and I plan to wait for a retest of this level...
