The Spot price has managed to recover part of its heavy intraday losses against the US Dollar, rebounding by around 50 pips after hitting a fresh three-month low. Despite this short-term recovery, a sustained price appreciation remains elusive. The...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. At the moment the market price is falling, which helps the price fall, maybe now that trend has been broken and the market price has started to rise. The market price has...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
The GBP/JPY market is now in favor of the buyers. Because yesterday it crossed the 191.00 area and the buyers seem optimistic. So I expect the next target for this market to be 192.55.Keep in mind that prudent account management is another essential...
The market sentiment for the XAU/USD pair is in favor of buyers. And the bullish scenario may help buyers to cross the 2710 area next. In addition, the US dollar sees several news events next week, such as the Philadelphia Fed Manufacturing Index,...
