GBP/USD has recently shown clear signs of bearish momentum, primarily due to the rejection from two key moving averages on the H4 chart. This development suggests that the U.S. Dollar is gaining strength against the British Pound. As the pair...
THE CURRENCY PAIR GBP-USD If it does not cancel the purchases completely, it will complicate further trend development. Total: Today I expect a correction, like you, but not lower than 1.2450 with the subsequent formation of at least weak signals...
Analysis of USD/CAD Currency Pair USD/CAD began the first week of 2025 with a sharp move, breaking out of its previous sideways range to the downside. This initial bearish momentum pushed the pair below its lower boundary, signaling a potential...
GBP/USD lost further traction and battles to retain the 1.2500 mark after hitting an intraday high of 1.2575. Stock markets turned south after the release of upbeat American data, providing fresh legs to the US Dollar rally As of writing, GBP/USD...
Crude oil futures, traded on NYMEX, plummeted sharply to around $74.20 in the early Wednesday session. The market is closely monitoring escalating geopolitical tensions in the Middle East, particularly Israel’s potential response to a missile attack...
