Looking at the last two US presidential elections, the DXY rallied in 2016 in the initial response to Trump’s victory and weakened in response to Biden’s 2020 win. In both cases, the USD’s immediate, post -election reaction started to weaken in...
GBP-USD DAILY TIME FRAME The movement of GBPUSD is still seen consolidating after previously falling to test the psychological level of 1.2600. However, a bullish reversal pattern is starting to appear on the daily timeframe. From the fundamentals,...
Important Points of GBPCAD: The Canadian CPI rate will be released tomorrow, and this could present an opportunity for sellers in the GBPCAD market, depending on the outcome of the data. The CPI is a crucial inflationary indicator, and any...
USD-JPY PAIR REVIEW Currently, USD/JPY is in a consolidation phase after experiencing a significant pullback from the highest level around 156.54. This level seems to function as strong resistance, considering that the price has tried to break...
•••Ethereum (ETH/USD): Market Insights for November 18, 2024••• Ethereum, the second-largest cryptocurrency by market cap, is trading with a Buy price of $3,173.28 and a Sell price of $3,170.36, reflecting a consolidation phase after a volatile...
