The financial markets are firmly focused on upcoming economic indicators, including the Preliminary Michigan US Consumer Sentiment Index and second-tier Canadian data. Central to the conversation is the sharp rise in market expectations for a...
As if the foreigh currency exchenge market where not dynamic enough, Cryptorcurrencies like Bitcoin(BTC h) have added a new dimention to trading money, many forex brokers accep bitcoin with some accepting other digital currencies as...
The price movement of the AUDUSD pair is still dominated by sellers and there has been no resistance from buyers. If you see the price move lower, it stays below the two moving average lines. In fact, the price did not cross the EMA 50 at all and...
The GBP/USD currency pair has continued its downward trajectory, reaching a new 19-week low and falling below the 1.2700 level. This decline is primarily driven by the strength of the US Dollar and the weak economic outlook for the UK. The US Dollar...
The GBP/JPY currency pair, currently priced at 196.854, has been experiencing a gradual decline, indicating a bearish trend. This trend has caught the attention of traders and analysts, as the pair’s recent behavior hints at the potential for...
