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...
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...
Litecoin (LTC) is currently making waves in the cryptocurrency market, showcasing a mix of short-term gains and long-term challenges. Over the past 24 hours, Litecoin has risen by 2.16%, bringing its price to $64.81. This upward movement has...
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...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains above 70, suggesting that GBP/USD may struggle to rise further before undergoing a technical pullback. On the upside, 1.2600 (static...
