The current market scenario presents an interesting dynamic between various technical indicators. As of now, the Parabolic SAR (Stop and Reverse) indicator is signaling a downward trend. This means that the price has been moving lower, indicating...
GBPUSD GBPUSD outlook: The GBPUSD pair continues to face pressure due to the ongoing strength of the US Dollar and concerns over the UK's economic outlook. The Federal Reserve's hawkish stance and expectations for higher interest rates for a longer...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
EURUSD Daily Forecast The pair is struggling to gain upward momentum as the Bollinger Bands are tightening, signaling an imminent bounce. Despite recent gains, the 20-day moving average and key resistance levels at 1.0500-1.0540 remain major...
Market Overview As we approach the end of the week, the EUR/USD market has shown a bullish rally that began early in the week. Despite some attempts by sellers to push prices lower, buyers have been actively defending the upward momentum, attempting...
