GBP/USD Technical AnalysisThe Relative Strength Index (RSI) indicator on the 4-hour chart remains below 40, indicating that the bearish bias remains. The pair was last trading around 1.2310, where the 100-period Simple Moving Average (SMA) and the...
USD/ CHF Price Watch The USDCHF pair in the previous week tended to run bullish. Actually, since the last few weeks there has been a bullish journey in the market, even the price increase journey last week has helped the price fly higher even...
The USD/CAD currency pair has experienced a significant surge, marking its sixth consecutive day of gains and reaching levels around 1.4710 during early European trading on Monday. This upward trajectory, exceeding 1%, is primarily attributed to the...
The GBP/JPY currency pair exhibited some recovery during Monday's European trading session, managing to climb back to around the 191.50 level after recent declines. However, the pair's upward movement faces significant headwinds due to growing...
General Points about GBPCAD: GBPCAD sellers have weakened significantly due to the lack of positive Canadian news events. Since Canada's GDP and Overnight Rate data came out on the negative side, the market is currently at the 1.8012 level....
