Impact of Economic Indicators on GBP/USD The GBP/USD currency pair is significantly influenced by economic indicators from both the UK and the US. Recent data suggests a bearish market sentiment due to a decline in US retail sales and consumer...
EUR/USD Analysis: Current Market Conditions and Trading Strategy Current Price Action The EUR/USD currency pair is currently trading at 1.0396, which is positioned below the Daily Moving Average. This suggests a bearish market sentiment and...
USDX Analysis: Current Trends and Predictions Introduction Assalam Alaikum! As I predicted yesterday, based on the bearish momentum on both daily and 4-hour charts, the US Dollar Index (USDX) has experienced a significant bullish correction. The...
The USDCAD pair currently presents a complex technical scenario on the daily chart, requiring careful analysis of conflicting signals. I observe that the price has approached the upper boundary of the trading range identified by the Envelopes...
GBP/USD Analysis Using Two Timeframes - February 28, 2025 Introduction Good morning, everyone! Today, I will be analyzing the GBP/USD currency pair using the H4 (4-hour) timeframe. As we delve into this analysis, we will focus on the current market...
