The GBP/USD pair has rebounded from earlier losses and is now trading around the 1.3000 level, supported by a renewed weakening of the US Dollar (USD) amid easing geopolitical concerns surrounding Russia and Ukraine. The shift in market sentiment...
Today, I am analyzing the EURGBP currency pair on the M5 timeframe, focusing on a straightforward yet effective approach using the RSI indicator. I find the RSI to be a reliable tool for identifying potential reversals and momentum shifts....
USD/CAD H4 Technical Analysis My Bullish Outlook from This Demand Zone Current Market Situation (My View): I'm looking at my USD/CAD H4 chart and I'm seeing the pair trading right around 1.4293. What's really caught my attention is that the price is...
USD/CAD USD/CAD Trades Cautiously Above 1.4300 Following A Hotter-Than-Expected Canadian Inflation Report Key Analytics: On Tuesday, the Canadian Dollar trading near 1.43. Canadian CPI inflation rose higher than forecast in February. Despite...
The Federal Reserve’s stance on interest rates remains cautious, as Chair Jerome Powell emphasized that the central bank is not in a hurry to cut rates further due to ongoing economic uncertainty. Analysts predict that the US central bank will...