The outlook for the cable remains mixed, with ongoing concerns about UK inflation and the BoE monetary policy likely to keep the Pound under pressure. Global events and economic data will play a crucial role in shaping the pair’s direction in the...
Gold's appeal as a safe-haven asset remains robust amid ongoing global economic uncertainty. In times of instability, investors typically flock to gold, viewing it as a reliable store of value. This trend continues despite mixed signals from the...
The provided chart reflects USDCAD price action on the H1 (hourly) timeframe. The chart incorporates a 50-period moving average (red line) and the Relative Strength Index (RSI) with a 14-period setting. Currently, USDCAD is trading at 1.4233,...
The recent positive economic data reports in the US, including slightly increasing inflation figures, have strengthened the outlook for the US Dollar compared to the Canadian Dollar. The US Dollar has continued to exert pressure on the Canadian...
Trading journal Sunday, December 15, 2024 AUDUSD "A bearish rally is looming over the AudUsd market trend" Good afternoon, The price journey of the AudUsd pair until last Friday night was in the performance of a price movement that was continuing...
