AUD / CAD: An Hourly Time Frame Road Map The Australian data was helpful for the bulls of AUDCAD in the latest week, providing positive momentum for the Australian dollar. Key economic reports from Australia, including strong employment data and...
Technical Analysis The Pound Sterling outperforms its major peers as soft UK data weighs on gilt yields. Market experts project a 100 bps interest rate reduction by the BoE this year. The risk profile turns favorable for risky assets ahead of...
USD/JPY Technical Analysis The market price of USD/JPY is continuously moving downwards, which requires technical analysis to better understand its structure. The 4-hour (H4) timeframe was chosen for this analysis. Currently, the price is trading...
GBP/USD is battling 1.2200 in European trading, paring back gains. A broadly weaker US Dollar underpins the pair but markets turn cautious ahead of US President-elect Donald Trump's inauguration, capping its upside.The Relative Strength Index (RSI)...
GBPUSD DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations. GBPUSD has an interesting setup for our daily trading. Where on Friday's trading the price...