AUD/USD retraces its recent gains from the previous session against the US Dollar following the People’s Bank of China’s monetary policy decision on Friday. China’s central bank decided to keep its one- and five-year Loan Prime Rates unchanged at...
The NZDCAD currency pair has rebounded after its price pressure bounced above the demand area on the daily chart at 0.80975. This suggests it has the potential to close the gap to the dynamic resistance of the 5-day moving average. If it manages to...
GBP / CHF: An Hourly Time Frame Road Map The GBP news data proved a good experience against the CHF. Thus, the price hit 1.1326 and a bullish scenario appeared. But, the sellers or bears will pull back and hit the 1.1300 level later. Also, judging...
GBP/USD Overall Update The GBP/USD market is currently in a downward trend. It recently fell to 1.24755 and has since recovered slightly to trade around 1.2507 at the time of analysis. Key levels and scenarios: Reverse Probability: If the GBP/USD...
Technical analysis of the EURUSD pair During the previous two trading days, the price fell and then started moving sideways, which led to the opening of trading today inside the triangle marked in white, which is the common area between the price...
