Forecast of AUDUSD The AUDUSD breached the 0.6186 support level on the daily time frame chart last week, but the price then moved to the oversold level on the RSI indicator and several of other technical indicators. The AUDUSD broke above this price...
Technical Analysis The Pound Sterling drops as the UK GDP rose at a slower-than-expected pace, and factory activity contracted in November. Traders have raised BoE dovish bets for February’s policy meeting. Investors await the US weekly jobless...
GBP / USD: An Hourly Time Frame Recommendation The GBPUSD market has been exhibiting unusual behavior, diverging from its traditional movement patterns. The shift has left many questioning the underlying causes and seeking opportunities where the...
GBP / CAD: An Hourly Time Frame Recommendation My recommendation for the GBPCAD investors is to move in an upward direction with a near-term goal set at 1.7572 assists. The Great British Pound has shown potential to support the bulls during the...
BofA: USD to remain leader in 2025 The forex market in 2025 is expected to be dominated by bearish sentiment, especially concerning the euro and the Swiss franc. However, the outlook for the US dollar is quite different. Earlier, analysts at Bank of...
