24 February 2025 USD/CAD offers its recent gains registered in the previous session, trading around 1.4190 during the Asian hours on Monday. The downside of the pair is attributed to the weaker US Dollar (USD) following the downbeat US economic...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis, currently, the market price is fluctuating between 0.8312 resistance and 0.8269 support. The market price has reacted very violently to this resistance and support level;...
When analyzing the 30-minute chart of the EURGBP currency pair, I observe that the market is exhibiting strong selling pressure, which has led to the formation of a clear downward trend. I decide to open a sell position based on this analysis, as...
Gold Price Move Patterns The hourly gold chart (GOLD, H1) shows a clear uptrend, with the price hitting a new high and consolidating around the $2935 level. The presence of Fibonacci Expansion (FE) levels at 61.8, 100. and 161.8 suggests that...
The GBP/USD chart on the H1 timeframe exhibits a clear uptrend, as evidenced by higher highs and higher lows. The price is trading near the upper Bollinger Band, indicating strong bullish momentum. Bollinger Bands provide insight into volatility and...
