The pound-yen currency pair experienced a two-day decline, trading around 195.40 during the Asian session on Wednesday. However, the potential for further downward movement in this pair may be limited due to several factors. Firstly, the Japanese...
The GBPCAD currency pair has experienced significant strengthening in the last two days, rising above a key price level of 1.80858 to 1.78753. This suggests the potential for the pair to continue its upward trajectory towards a projected price of...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. Gold is a major metal and favorite metal for forex trading. The market is currently at 2645. The market is between support level at 2632 and resistance level at 2657. This...
The EUR/GBP currency pair staged a modest recovery in early European trading on Wednesday, halting a two-day losing streak and hovering near the 0.8275 level. This move coincided with the release of UK Consumer Price Index (CPI) data for November,...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the market price is rising, and the price has formed an ascending channel. The cost of the market is quite respectful of this channel, so the price goes up. Market prices...
