The British Pound (GBP) continues its upward trajectory against the US Dollar (USD), extending gains for a second consecutive session. The GBP/USD pair is currently trading at 1.2708, reflecting a 0.08% increase. The market remains risk-averse as...
I recommend buying the USD/CAD pair, as the overall trend and momentum favor the upside. Instead of using a traditional stop-loss, I suggest employing a breakeven setting to manage risk effectively. This approach allows me to lock in profits while...
EUR/USD As of March 5, 2025, the EUR/USD currency pair is experiencing notable fluctuations influenced by both technical patterns and fundamental developments. Technical Analysis: The EUR/USD has recently shown a bullish trend, trading above the...
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The Australian Gross Domestic Product (GDP) data for Q4 2024, set for release on Wednesday, is expected to reflect modest economic growth. Market consensus anticipates a 0.5% quarter-on-quarter (QoQ) expansion, improving from the previous quarter’s...