Comprehensive Analysis of GBP/USD Trading Introduction The GBP/USD currency pair has recently shown significant activity, particularly around the key Fibonacci levels. As the price hovers above the 61.8% Fibonacci retracement level at 1.2923, and...
The provided chart is a 1-hour candlestick chart of Gold Spot (XAU/USD) against the U.S. Dollar on the OANDA trading platform. It showcases price movements, key support and resistance zones, trading signals, and volume activity over a specific...
EURUSD Daily Outlook The EUR/USD pair is showing significant bullishness on the daily chart, breaking the trend line that has been blocking price action for several months. The sharp rise was followed by a sharp decline, which took the price to the...
USDCAD Daily Forecast The USD/CAD pair saw a short-term rally after the Bank of Canada decided to cut interest rates by 0.25%. The move came alongside a cautious press conference in which the Bank of Canada expressed concerns about the fragility of...
Silent Points about USD/CAD: The USD/CAD market is currently displaying a bearish trend, with selling pressure dominating price action. Market participants have observed a shift in momentum, creating opportunities for short positions. We can place a...
