Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices are rising but are trying to change their structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the market price is rising and has now started to break the support at 1.0460 as the market has previously formed a safe haven. The market is currently holding this strong...
The Spot price is struggling to maintain its strength despite firm crude oil prices this morning, as broader concerns about China’s economic slowdown weigh heavily on commodities. This underperformance of the CAD has pushed the USD/CAD pair back...
The Spot price is gaining momentum, trading near 0.8940 during the early European session on Friday. The strengthening Dollar has been a key driver, with traders positioning themselves ahead of important US economic data set to be released next...
The British Pound (GBP) is facing ongoing challenges despite some recent supportive factors. UK inflation data has shown rising price pressures, which could reduce the likelihood of further rate cuts by the Bank of England (BoE) in the near term....
