On Monday, the spot price retraced its gains from the previous session against the Dollar. Supported by a hawkish Bank stance and stimulus measures from China, its largest trading partner, the price has showcased resilience in a challenging global...
The currency pair’s trajectory is poised at the intersection of several pivotal factors, blending economic fundamentals with technical dynamics. From a fundamental perspective, upcoming U.S. economic data releases, including consumer confidence...
On Monday, the cable held steady just below the 1.2550 mark, reflecting a lack of clear direction for the price against the Dollar. With limited economic data from both the UK and the US, traders remained cautious, awaiting catalysts to break the...
The Aussie dollar rebounded sharply in early trading, but the broader picture suggests the market is looking for a clear direction. Similar to the Euro, the Aussie appears to be forming a consolidation range, with key technical levels shaping its...
GBP/USD Technical and Fundamental Analysis and Key Concepts The GBP/USD market is clearly bearish during today’s trading session. The hourly chart shows prices below the 100-period Exponential Moving Average (EMA) and the 20-period Simple Moving...
