The GBP/USD exchange rate managed to prevent further losses, halting its recent decline. However, the potential for a bullish rebound remains limited. Despite a 6% gain on Thursday, the pair remains significantly below its previous highs. After...
Current analysis of EUR/USD points to a selling trend, with buyers unable to sustain control. The quotes is currently entrenched in a notable downtrend, largely influenced by the European Central Bank's recent monetary policy decisions and robust...
XAU/USD Bullish Analysis The XAU/USD market has shown considerable strength recently, shifting from a phase of initial hesitation to a powerful upward movement. At the beginning of the week, gold struggled to maintain momentum, largely influenced by...
USD/CAD Technical Analysis: Current Price Action and Outlook Our attention is on analyzing the USD/CAD currency pair, which is now in consolidation after reaching a high of 1.3836 in the past few sessions This was followed by a corrective move,...
Types of Charts in Forex: Line, Bar, and Japanese Candlestick Charts In Forex, like in many other areas of the investing world, there are mainly three ways of indicating market movements and prices: line, bar, and candlestick graphs are the tools...