Technical analysis of the GBPUSD pair The technical analysis of the pair on the 4-hour chart shows that the price has been trading in an upward direction for two weeks. This week opened within the price channels shown on the chart, which represent...
USD/CAD The Canadian Dollar shed 0.3% on Monday as Loonie flows dry up. The Bank of Canada is due to cut interest rates again later this week. Little else is on the economic data docket to drive the Loonie this week. The Canadian Dollar (CAD) fell...
GBPUSD Technical Analysis Hello, Good evening, traders! The GBP/USD has recently dropped to 1.2450, and this move is quite realistic in the short term. I'm not expecting much more movement beyond this level just yet. Over the past five trading days,...
Hi everyone, we're getting closer to the active phase of the American trading session, and after 14:00 Moscow time, we expect that large traders will move the market more decisively. There's also the possibility of a speech from the head of the US...
Welcome to my analysis Fundamentally, the EUR/USD pair has lost some ground over the past week, entering the 1.0745 price zone. The US dollar gained strength due to temporary demand in a bearish market, triggered by news that Evergrande, one of...
