I begin my analysis by examining the current price action of EUR/USD, which recently climbed to 1.0510 before retracing. I observe that the pair now faces a critical test as buyers attempt to push toward the 38.2% Fibonacci retracement level at...
The British Pound (GBP) has shown modest gains against the US Dollar (USD) during the session, retreating slightly from its overnight peak near 1.26, its highest level since late last year. According to Shaun Osborne, Chief FX Strategist at...
I have been closely observing the AUDCAD pair, which has been moving within the boundaries of a wide sideways channel for the second week now. I notice that it has been unable to break out of this range, indicating a period of consolidation. I see...
The USDCAD H4 chart shows a strong uptrend that has been in play since late August, characterized by a series of higher highs and higher lows. However, recent price action indicates a shift in momentum as the pair has broken below the key support...
H-4 Technical Outlook GBP/USD Yes, of course, this analogy with the late USSR is clearly visible. I have also seen for a long time that they draw the right data, especially with the Americans. Some kind of logical dependence has even formed: if...
