Following a pullback, GBP/USD edges higher toward 1.2700 in the second half of the day on Wednesday as the US Dollar loses strength following the disappointing data releases. Markets eagerly await Fed Chairman Jerome Powell's speech The Relative...
•••USD/CADecoding Today’s Intriguing Market Dynamics(December 4,2024)••• ••Introduction: The Pulse of USD/CAD The USD/CAD currency pair has been buzzing with activity, reflecting the broader interplay of economic trends and market sentiment. With...
H-4 Chart Technical Outlook USD/JPY There was glory, but as I understand it, it's less than you. The US dollar/JPY withdrew 38.2% of the fence Support Level and withdrew. The growth is low; the price is now falling again; it is 38.2%. I am sure it...
WTI crude oil prices are navigating a delicate balancing act, with potential for recovery, but also facing several key resistance levels that could limit significant upward movement. One of the primary obstacles is the 100-day and 200-day Simple...
Forecast for GBP/USD on December 4, 2024 The movement of the pound sterling within the range of 1.2612–1.2708 since November 14 appears to be consolidation, with false breakouts on both sides on November 22 and 29. Following this logic, the price...
