The current price of 1.4190 is situated below the Daily Moving Average, indicating a bearish sentiment in the market for the USDCAD currency pair. This aligns with the ongoing bearish trend, which suggests that sellers are in control and that the...
Technical Analysis of GBP/USD Current Market Sentiment At this stage, I am not inclined to rush to conclusions regarding the GBP/USD currency pair. It’s essential to analyze the technical aspects before any trend reversal towards the north. For me,...
NZDUSD Technical Analysis 19 February 2025 Forex Analysis - Technically, I see that the NZDUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the NZDUSD 1 Hour Time Frame chart...
The GBP/USD exchange rate experienced a slight uptick on Monday, trading just below the 1.2600 level with a marginal gain of 0.05%. Trading activity was sluggish due to the Presidents’ Day holiday in the United States, which contributed to the...
Analysis of XAU/USD: Bullish Sentiment and Technical Indicators Introduction In the realm of forex trading, particularly when analyzing the XAU/USD pair, it's essential to consider various technical indicators to gauge market sentiment. As I examine...
