USDCAD USDCAD outlook: The USDCAD pair is currently experiencing a tug-of-war between the strength of the US Dollar and the Canadian Dollar's sensitivity to oil prices. The USD remains solid, bolstered by strong US economic data, while the CAD is...
GBP/USD Technical Analysis H-4 Chart Despite Thursday’s pullback, the Relative Strength Index (RSI) indicator on the 4-hour chart remains close to 50 and GBP/USD remains above the ascending trend line, reflecting sellers’ hesitation. GBP/USD is...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price continues to rise, just rose from the trend line, and now this market has broken the trend line. The market price has broken the trendline and formed...
Looking at what happened this week, it can be said that GOLD is at least trying to make another downward movement and even if we look at last Thursday, GOLD was quite impressively able to make another decline and was able to touch the EMA50 area...
The gold market continues to exhibit a robust bullish structure on the daily chart, anchored by a well-defined ascending price channel that has governed price action for over a year. This channel emerged following a decisive rebound from the...