In Monday's late American session, the USD/CAD pair flatlined at 1.4185. Amid the lack of activity in US markets because of Washington's Day vacation, the US Dollar Index (DXY) moved sideways. Later on Tuesday, traders will watch the Canadian...
Technology Outlook USD/JPY Daily chart From a technical perspective, last week's failure near the 50% retracement level of the January-February decline and the subsequent break below the very important 200-day simple moving average (SMA) favors...
GBPUSD GBPUSD outlook: The GBP/USD pair continues to face challenges, influenced by various factors including the UK's economic performance, Brexit-related trade disruptions, global risk sentiment, and the Bank of England's monetary policy stance....
Technical Analysis of GBP/USD The GBP/USD pair is currently trading at 1.2597, showing a neutral to slightly bullish bias within a defined range. The price action is consolidating between support and resistance levels, with the immediate resistance...
I believe that if the NZD/USD price does not rise now and subsequently fails to consolidate above the established maximum level, the scenario I proposed could start to unfold. This is just one of many potential scenarios that could ultimately prove...
