GBP/USD currently exhibits strong bearish characteristics that are aligned with the dynamics observed in EUR/USD, albeit with unique nuances. On the 4-hour chart, the pair has broken below a key structural support, signaling a shift in momentum as...
The market situation for the EurGbp pair in the trading period of the last few days closed in a bearish situation. At the end of last week the price seemed to slowly rise again, but the strong flow of sales from sellers the next day made the pair's...
USD/CAD Fundamental Analysis: Looking at last week’s data, the U.S. economy is showing resilience, with Q4 GDP coming in at 3.3%, well above expectations. However, Friday’s PCE inflation data at 2.9% suggests that inflation is cooling, which could...
Profit Potential in Gold Prices The present analysis of the Gold price behaviour is subject to discussion. The H4 Gold chart highlights a strong bullish channel, with the price maintaining higher highs and higher lows, confirming an upward trend....
Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD maintains a bearish tone...
