USD/ CAD Profit Potential Currently, we are studying the USD/ CAD currency pair's pricing movement analysis. The pair remained within a narrow horizontal range throughout the week, fluctuating within a band of approximately 901 points, peaking at...
GBP/USD continue to trade belowthe 20-period and the 50- period Simple Moving Average SMA on Monday. Aditionally, the Relative Strength Index RSI stays near 40, pointing to a lack of recovery momentum. On the downside, immediate support is located...
The British Pound is still in snooze mode on Monday. UK Manufacturing PMI comes in line with expectations at 52.5 in August. The US Dollar Index opens up steadily, with US markets closed for public holidays. The British Pound (GBP) holds on to...
USD/CHF MARKET ANALYSIS SEPTEMBER 02, 2024 In August, there was increasingly strong bearish pressure in the market, indicating significant seller dominance. However, despite the strong selling pressure, the price was stuck in the base demand area in...
THE CURRENCY PAIR EUR-JPY Apparently, a correction is currently developing in a somewhat horizontal form, so on the higher timeframes it seems that no one is pushing the opposite side anywhere, and is not even particularly active in this. And...