The USD/CAD currency pair currently trades around 1.3650, showing signs of heavy trading activity. Despite attempts, the price has struggled to break above the moving average line, suggesting a greater inclination towards further downside movement....
Gold Price Movement Insights Presently, we are dissecting Gold's dynamic pricing behaviour. The chart shows the price trading below the moving average, indicating that selling is more favourable than buying. The MACD indicator's cross from below the...
The pair gained momentum on Tuesday during EU trading hours, rising to the 1.0980 region as the US Dollar (USD) corrected from its recent weekly high. The USD Index, which measures the USD against six major currencies, slipped to near 102.50 after...
GBP/USD Price Opportunities The discussion focuses on analyzing the GBP/USD currency pair's price behavior. I'm monitoring GBP/USD at 4:00; a reversal from the current levels to 1.3068 is a potential scenario. There's still a chance for the pound to...
THE CURRENCY PAIR AUD-USD The wave structure is still in ascending order, but the MACD indicator is already in the lower sales zone and below its signal line. When the price had not yet fallen so much, I said that a decline was expected in the near...