Looking at the last two US presidential elections, the DXY rallied in 2016 in the initial response to Trump’s victory and weakened in response to Biden’s 2020 win. In both cases, the USD’s immediate, post -election reaction started to weaken in...
Important Points of GBPCAD: The Canadian CPI rate will be released tomorrow, and this could present an opportunity for sellers in the GBPCAD market, depending on the outcome of the data. The CPI is a crucial inflationary indicator, and any...
Technical Analysis EUR/USD H-4 chart Current price: 1.053 The pair is trading below both the moving averages (MA50 and MA200), indicating a bearish trend in both the short and long term. Moving Average: MA50: Since the price is below this line,...
Silent Points of GBPAUD: Today is Monday, and typically, no significant news events are released on this day. As a result, GBPAUD participants must rely on technical analysis to guide their trading decisions. With no immediate fundamental drivers,...
Forecast of Silver Since the last two to three bullish waves, the price of Silver has been rising overall, according to its H4 time frame chart. This trend began when the price challenged the demand zone and the RSI indicator showed that it was...
