General Points about GBPCAD: Currently, the GBPCAD market is trading at the 1.7546 level. Hence, I would suggest that the upcoming market may move in favor of sellers, so we should place a sell order. In a bearish market, a sell order allows one to...
Developments in EUR/ USD Price Action Our discussion revolves around analyzing the current pricing behavior of the EUR/ USD currency pair. On the chart, I notice sharp price fluctuations toward correction. I wrote about this over the weekend and...
USDJPY ForecastI presented my technical analysis of USDJPY yesterday, which was based on the daily chart and showed that the price was in an uptrend and ascending channel. The USDJPY price is currently at the bottom of the ascending channel on the...
Technical analysis GBP/USD H-4 Looking at the daily chart, nothing prevents the GBP/USD currency pair from moving south today. The pair is already trading below my technical indicators 2 EMA color alerts and the 14-period moving average line,...
Technical Analysis: XAU/USD Gold declines by over $30 on Monday after the news that Donald Trump has chosen Scott Bessent as the new US Secretary of the Treasury. Bessent is a seasoned Wall Street professional and is viewed as a safe pick by...
