GBP/USD Price Forecast: Hovers below the nine-day EMA near 1.2500 GBP/USD could test the upper limit around the 1.2560 level to re-enter the falling channel. The 14-day RSI stays below 50 marks, indicating prolonged bearish pressure. The initial...
Technical analysis of USDCAD Technical analysis, Choose USD/CAD today. Currently, the market price is rising, but the trendline carrying it is being broken. After the trend line is broken, the market price will fall below it. On the trend line, the...
Technical analysis of GBPCAD Now I will do a market analysis on the GBP/CAD pair. GBPCAD is the leading currency pair in the foreign exchange market. I am looking at the GBPCAD h1 timeframe chart. The market is currently in between support and...
Strong morning ISM and JOLTS surveys were followed by an average bond auction this afternoon. The auction showed below-average demand for US Treasuries, which could signal concerns about continued deficits and the potential for inflation to pick up...
The GBP/JPY currency pair experienced a volatile trading session, initially surging to a one-week high of 198.25 before encountering selling pressure and retreating towards the lower end of its daily trading range. This decline coincided with...
