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...
The USD/CAD H1 chart shows a strong volatility phase, followed by a sharp spike and a steep decline, reflecting a major shift in market sentiment. The price initially moved within a consolidation phase, staying relatively stable with slight upward...
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Current Market Overview The EUR/USD currency pair is currently showing stability above the 1.0350 mark during the European trading session on Wednesday. This steadiness can be attributed to a cautious market sentiment as traders await critical...
Technical analysis of the AUDUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of a bearish wave for the price after the price succeeded in breaking the ascending channel that represents the general trend during...