Weekly Analysis of GBP/USD Current Market Overview The GBP/USD currency pair has shown a strong recovery from its previous lows, currently trading around the 1.2300 level. This resurgence indicates that the British Pound is gaining momentum against...
Forecast of USDCAD When the market opened on Monday, the USDCAD trading pair was opened in a wide bullish gap, as seen on the H4 time frame chart, since last Friday, just before the trading market closed, there was a lot of buyer pressure at the...
USDCAD currency pair - D1 period chart. The week before last they continued to see with a slope upwards and now large funds have poured in and threw the price far beyond the top of this beard that has been drawn here for a month and a half, and with...
The USD/CHF pair has broken through a bearish trend line and the 50-period Exponential Moving Average (EMA) has also been breached. However, the market is currently trading below this EMA, indicating continued bearish pressure. The Relative Strength...
British Pound vs. Australian Dollar: Midterm Forecast and Technical Analysis Introduction The currency pair of the British Pound (GBP) and the Australian Dollar (AUD) has garnered attention due to the unique characteristics of both currencies. The...