The pair reversed its earlier losses and registered modest gains of over 0.09% on Monday, bolstered by renewed strength in the US Dollar. Despite this rebound, the pair remains vulnerable to key economic data expected later in the week. Currently...
The GBPCHF rate is holding at 1.12919, and the support level in the 1.12910 area looks promising, maybe even lower. Sellers control the situation and take advantage of their positions. The target level for selling is clear - 1.12910. However, there...
EURUSD I will try to analyze how you can trade the EURUSD currency pair today. First, the direction of movement is determined. Bears can actively participate in this, which means sales are relevant. It is not very profitable to sell immediately at...
The GBP/USD exchange rate has recently shown significant volatility, with a notable drop below the 1.3300 mark on Tuesday. This decline has been driven primarily by market selling pressures, highlighting the current bearish sentiment surrounding the...
USD/ CAD Price Direction I am Currently studying the ongoing USD/ CAD currency pair price action. After prolonged uncertainty, the USDCAD instrument has resumed its upward trajectory. Currently, the price is trading at 1.357, with the entry point...