The euro has been under pressure against the British pound, poised for its third consecutive weekly decline. This downtrend is largely attributed to growing expectations that the European Central Bank (ECB) will implement another interest rate cut...
GBP/USD Fundamental Analysis The GBP/USD currency pair is holding steady near 1.3135 in the early Asian session as market participants weigh the implications of expected central bank actions. The US Dollar is under pressure due to growing...
GBP/USD Forum Analysis,Forecast 02 September 2024 Observing the structure of the GBPUSD pair price pattern, it seems that it is still in a lower low - lower high condition and the bullish trend direction is almost changing to a bearish trend. The...
The slow stochastic oscillator is a technical indicator used in trading to measure momentum and identify potential trend reversals in financial markets. It consists of two lines: the %K and %D. The %K line represents the current price’s position...
USD/CAD ANALYSIS Daily Chart Today we will consider the chart of the D1 period - the USDCAD currency pair. The price of this currency pair has been falling for almost a month. The wave structure has long been building its order downwards, the MACD...