Technical Analysis For GBPUSD Today I want to give my analysis of the GBP/USD pair from our point of view, focusing on the daily time frame to get a comprehensive picture of the movement of this currency pair. On the daily time frame, our attention...
Market Fundamentals: According to Eurostat’s flash estimates, the Eurozone economy expanded by 0.9% year-over-year, accelerating from the 0.6% growth recorded in the previous quarter. This robust performance was primarily driven by an unexpected...
I noticed the price initially tried to move downward. I observed that in the middle of the week, buyers took the initiative and drove the price to a new high, updating the previous maximum. I saw that the price continued to consolidate at the top,...
The USD/CAD currency pair reflects a compelling technical scenario, marked by a pivotal level at 1.4440 that acts as the foundation for the analysis. This pivot point is not merely a dividing line but a key threshold determining market sentiment....
The USD/CAD currency pair suggests a favorable scenario for bullish traders, as long as the price remains above the critical pivot point at 1.4440. This level acts as a dividing line between bullish and bearish scenarios, making it the cornerstone...
