GBP/USD: Market Dynamics at Play(January 27,2025) UK Inflation and Economic Pressure Inflation in the UK remains stubbornly high, despite a slight dip in the latest CPI to 1.7%. While it’s an improvement, the figure is still far from the Bank of...
Gold prices edged higher on Monday, buoyed by a weaker dollar following the inauguration of the 47th US president. The president's speech, which emphasized de-escalation of trade tensions and a less aggressive stance on tariffs, eased inflationary...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The Australian dollar is not stable after the weakness of the US dollar. The last time, the market of AUD/USD bounced up and crossed the 0.6311 zone successfully. Today, It can remain in...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2690, showing a slight bounce after testing 1.2650 earlier. I’ve been watching the 50-day SMA, which is acting as a solid support, while the 200-day SMA near 1.2720 remains a key resistance...
USD/CAD Market Outlook Greetings and Good Morning to everyone! In the last week, the market of USD/CAD was in favor of sellers. However, this week have a lot of high-impact news events that will affect the market sentiment later. The last news event...
