Hi traders! The GBP/USD pair rose on Friday as the US dollar weakened, with quotes reaching the 1.2360 resistance level after a disappointing March employment report. As long as the GBP/USD remains below the resistance level of 1.2450, a downward...
EUR/USD Price Action Alert Our conversation revolves around EUR/USD's current pricing behavior, which we're analysing. The EUR/USD pair is displaying mixed signals on the H4 chart, with recent price action showing a pullback after a brief rally. The...
The US Dollar (USD) saw a brief rally against the British Pound (GBP) following former President Donald Trump’s pledge to impose tariffs on imports from Canada, Mexico, and China. However, this momentum has since slowed as traders await the release...
The AUD/USD pair provides only limited insight for analysis, so it is essential to consider all possible time frames where more apparent patterns emerge. A practical support level to watch is 0.6848, although it's still quite distant. The fact that...
The Reserve Bank of New Zealand (RBNZ) is expected to cut the Official Cash Rate (OCR) by 50 basis points to 4.25%, according to a majority of economists surveyed by Bloomberg. However, this anticipated dovish stance is likely to weigh on the New...
