GBPUSD Technical Analysis and Market Outlook The GBPUSD pair closed yesterday’s trading session at 1.26315, reflecting a cautious market sentiment amid mixed economic data and global macroeconomic developments. As we look ahead to Monday’s market...
Forecast of Silver As it performed strongly in favor of buyers, the price previously stayed in the range of 32.294 for the last several trading days of the daily time frame chart. Ultimately, on Tuesday of this week, the price of silver rose due to...
USD/JPY Analysis: Will the Market Reverse or Continue Its Downtrend? Current Market Overview The current hourly chart of USD/JPY reveals a clear bearish trend. The price has been consistently declining and is currently at 149.247. This downward...
Piercing line Candlestick Chart Pattern The Piercing Line is a bullish candlestick reversal pattern that appears after a downtrend and signals a potential shift in momentum from bearish to bullish. It consists of two candles: Characteristics of the...
Volatility in USD/CAD Exchange Rate The USD/CAD currency pair has recently experienced significant volatility, primarily due to the introduction of new tariffs on Canadian imports by the U.S. government. Impact of Tariffs On January 31, 2025, the...
