GBP / USD: An hourly time frame Recommendation The bulls of GBPUSD are losing their value, signaling a potential downward movement in the market. This shift in momentum suggests a bearish scenario worth considering for investors aiming to align...
Although the EURUSD already fell below the key historical level of 1.05 on Thursday, weak PMIs led to further capitulation by buyers and a subsequent 1.5% drop in the single currency. The sell-off was triggered by a sudden drop in France's...
The GBP/JPY pair has seen a strong rally recently, trading near the 195.50 level during European trading hours. However, a cautious sentiment prevails among traders ahead of the Bank of England (BoE) monetary policy report, due on Tuesday. The...
The USD/CAD currency pair saw mixed trading during the Asian session on Friday. Although it initially moved higher, the lack of sustained buying interest kept it below the important psychological level of 1.4000. Strong Canadian CPI data released on...
GBP / NZD: Hourly time frame Recommendation The market of GBPNZD hit the 2.1558 level yesterday which indicates that the bears are powerful. But the news factors might help the bulls of GBPNZD to pull back. Thus, preparing professional trading...
