It seems like there is an attempt to go up and reach the level of the current local maximum at 1.05326, without a thorough breakout and consolidation behind it, nothing special will shine for buyers. The entire growth can be easily leveled, and...
Daily Analysis of USDCAD on 1-Hour Time Frame Current Price Overview Today, we focus on the USDCAD currency pair, which is currently trading around the level of 1.4179. Our analysis will delve into the nearest supply and demand zones, with supply...
EUR/USD Technical Analysis and Forecast The EUR/USD market is currently in an uptrend and is trading near 1.04610 on the H1 chart. The market recently tested the 100 Exponential Moving Average (EMA) and the 20 Simple Moving Average (SMA), confirming...
GBP/USDound's Resilience Amid Market Shifts(February 19,2025) Economic Drivers: What’s Shaping the Pound? Several factors have played a part in boosting the Pound. One of the major contributors is a change in expectations surrounding U.S. economic...
The EUR/GBP cross dipped to around 0.8295 during early European trading on Tuesday, as the Pound Sterling (GBP) gained strength following the release of the UK employment report. Investors are now turning their attention to Bank of England (BoE)...