ANALYSIS Of GBP/USD PAIR . The GBP/USD H4 chart presents a dynamic market structure with a recent upward correction following a prolonged downtrend. The price had been trading below the moving average for a significant period, confirming a strong...
NZDUSD currency pair - let’s consider the chart of the D1 period. After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from...
I believe the USD/CAD pair has reached a critical juncture, as it has stopped at the upper limit of its previous range around the 1.44 level. I am leaning towards the idea that the pair will continue to trade within this range for now. However, I...
Trading Strategy for USD/CHF Overview The USD/CHF currency pair presents an intriguing opportunity for short selling, given the current market dynamics. Currently trading at 0.90152, the pair shows potential for downward movement, influenced by the...
The USD/CAD pair experienced a decline in early Asian trading today, falling to approximately 1.4440. This downward movement is primarily attributed to the robust economic growth projected for Canada, coupled with the resurgence of crude oil prices,...
