GBPUSD Daily Time Chart Analysis The GBP/USD currency pair has weakened significantly. GBP/USD trading below key 200 SMA moving averages and confined within a descending channel. 200 SMA strongly suggesting a bearish trend. This downward trajectory...
GBP/USD Technical AnalysisThe Relative Strength Index (RSI) indicator on the 4-hour chart remains below 40, indicating that the bearish bias remains. The pair was last trading around 1.2310, where the 100-period Simple Moving Average (SMA) and the...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. Market prices continue to fall and break through each falling support level, and the market price has now reached historical price increases. The market fell from the price...
US dollar to fall into trap of Trump’s fiscal policy The US dollar is braced for a tough time marked by high volatility and a plunge across the board due to Donald Trump's policies. Analysts at BCA Research have come up with this gloomy forecast....
USDCAD Technical Analysis From a technical perspective, yesterday's USD/CAD pair movement was strong before reversing with a notable bearish shift. Traders who managed to capture the move effectively secured significant profits as the price...
