GBP/USD consolidates around 1,2447 on Wednesday, when traders are holding back and waiting for key British economic data, relaxing at the end of this week. Key factors affecting GBP/USD At the beginning of this week, the British pound suppressed the...
The EUR/CHF H1 chart presents a dynamic price movement, reflecting a recent bullish surge that has driven the price above the key resistance level at 0.9450. The red moving average (likely a 50-period SMA) showcases price fluctuations around it,...
USDCAD Daily Hello. Here's what I thought. USD/CAD dropped to the 38.2% Fib retracement support level, where 1.4300 is also the range low. This is a big deal, the price is trading around several key levels. I'm still waiting for a breakout from...
WTI Oil Daily Time Chart Analysis West Texas Intermediate crude oil prices rose after finding strong support around 71.35. The price rose to 72.52, indicating renewed buying interest. This level is important because it is above a key reversal point...
The GBP/USD pair continues to trade in a narrow range around the 1.2450 level on Wednesday, as market participants remain cautious ahead of the release of the US Consumer Price Index (CPI) data for January. The lack of clear directional momentum...
