On Friday, I observed that the USD/CAD pair moved the deal to Monday with a floating minus, indicating a pause in the bearish momentum. I believe this sets the stage for a potential bullish recovery in the coming sessions. The formation of a...
GBP/USD As of March 10, 2025, the GBP/USD currency pair is trading around 1.2910, reflecting a modest appreciation of 0.17% over the past 24 hours. This movement is influenced by a confluence of technical patterns, fundamental developments, and...
NZD/USD Price Action Forecast Since last Thursday, the NZDUSD movement has not gone up anymore but has started to go down. That happened when the candle reached the shoulder area at 0.5752. The shoulder area that could not be penetrated was what...
The GBP/USD currency pair commenced the new trading week with a notable upward trajectory, consolidating gains near the 1.2940-1.2945 range during the Asian trading session. This level represents a four-month peak, initially achieved during the...
The EUR/USD pair started the day without significant surprises, but the sellers quickly took the initiative, pushing the pair downward toward the support level of 1.0784. This move indicated that sellers were capitalizing on the pullback, but the...