GBP/USD Pair Forecast: The pair has made a series of lower highs and lower lows on the daily time frame. Yesterday, the market opened at the 0.6004 level. During yesterday's trading session, it made a high of 0.6031 and a low of 0.5988. So,...
EUR/USD Market Analysis August 12, 2024 The appearance of the situation that occurs in the EurUsd market when monitored using a 4-hour timeframe, it seems that the trend tends to be controlled by buyers where for the previous few weeks the price has...
EUR/USD holds positive ground near 1.0920 in Monday’s early European session. The pair keeps the positive vibe above the 100-day EMA, with a bullish RSI momentum indicator. The immediate resistance level emerges at 1.0973; the Initial support level...
Silver Price Analysis: XAG/USD remains depressed below mid-$27.00s, seems vulnerable Silver remains under some selling pressure for the second straight day, albeit lacks follow-through. The technical setup favors bearish traders and supports...
The USD/CAD pair has recently experienced downward pressure, primarily due to the rise in WTI crude oil prices amid escalating supply fears. As a key oil exporter, Canada benefits from higher oil prices, strengthening the Canadian dollar. This...