Hello, GBP/USD snapped a three-day losing streak that dragged the pair towards the 1.2600 handle last week, recovering just over half a percent on Monday to push it back into the 1.2700 touchdown range. If GBP/USD continues to trade above the...
THE CURRENCY PAIR GBP-CAD Currency pair GBPCAD - daily chart period. Although the ascending wave structure broke here, it did not allow the decline to develop. We can say that the wave structure has become ascending again, the MACD indicator is in...
The EUR/USD currency pair continues to grapple with significant challenges, trading near the pivotal 1.0530 handle. This level has become a focal point for market participants, reflecting both psychological importance and technical resistance....
NZD/USD Analysis H4 time frame: NZD/USD trades between support and resistance levels, which can trade on a rebound. The support is 0.5710. In addition, 0.5720 acts as a resistance. From the nearest support at 0.5490, we initially consider buying,...
The currency pair saw a decline during the early Asian session, following the release of the latest U.S. economic report, which revealed an uptick in prices. This led market participants who had been pricing in a larger Federal Reserve rate cut to...