When I analyze the EUR/USD pair, I start by examining the broader context on the H4 chart. Here, I observe that the price recently broke above the upper boundary of a descending price channel near 1.0400, which initially signaled a potential bullish...
T E C H N I C A L _ A N A L Y S I S U S D / C A D My friends! How are you today? Now let's talk about today's chart prepared in this time frame. On this price chart, the USD/CAD hit $1.4200 on Tuesday. USD/CAD is trading at 1.4186 at the time of...
GBP/USDound's Resilience Amid Market Shifts(February 19,2025) Economic Drivers: What’s Shaping the Pound? Several factors have played a part in boosting the Pound. One of the major contributors is a change in expectations surrounding U.S. economic...
The EUR/USD pair struggled to maintain momentum above the 1.0500 psychological resistance level in recent trading sessions, ultimately retreating to around the 1.0450 mark during Tuesday's North American session. This decline reflects broader...
GBP/AUD Daily Time Chart Analysis Overview of Current Market Conditions As we enter this week, the GBP/AUD pair has experienced a notable decline after reaching a four-year high. Currently, it is trading at approximately 1.9832. The Bank of England...
