Yesterday's market movement was not solely driven by Mexico, as Canada also joined in by agreeing to the same trade conditions, providing an additional evening boost. This morning, GBP/USD unexpectedly rose from 1.2385, possibly due to Asian traders...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, the market price is currently falling in the 1-hour time frame, but the market price broke this trend line, helping the price be higher. The market price retraced after...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis and the market price is bearish, which helps keep costs down. At this point, after the market price calls for a break below the 50-day simple moving average and above the...
Technical Analysis The Pound Sterling drops to near 1.2400 against the US Dollar as investors worry that a trade war between the US and China could intensify. China retaliates to US President Trump’s tariffs and announces levies on various imports...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, helping prices rise within the channel. Crude oil prices are now hovering above support and resistance levels. From the...