I believe the current market dynamics for GBP/USD are heavily influenced by both technical indicators and fundamental factors. I see that the EMA 56 on the weekly chart represents the average price for the year, while the EMA 26 reflects the average...
Durable goods orders surged by 3.1% quarter-on-quarter in January, exceeding forecasts of 2.0% and recovering from a revised -1.8%. However, a significant portion of this growth was attributed to companies stockpiling goods in anticipation of...
Crude Oil As the markets open this Monday, crude oil has shown a bullish start, trading at $70.30 after rebounding from a strong support zone around $69.50. The H4 chart highlights a short-term recovery within a broader downtrend, as the price...
NZDUSD Analysis The daily chart of the NZD/USD pair shows a continuous decline, with the current price hovering around the 0.56089 level. The currency pair has been under strong downward pressure for a long time, continuously reaching higher and...
The EUR/GBP pair experienced a downturn on Monday, relinquishing gains accrued in the previous trading session and settling around the 0.8330 mark. This decline is primarily attributed to the euro's vulnerability, as the European Central Bank (ECB)...
