The Canadian economy is currently facing significant headwinds, with rising unemployment reaching multi-year highs, putting pressure on the Bank of Canada (BoC) to step in with aggressive monetary easing. In response, the BoC is expected to...
The technical analysis for GBP/JPY suggests a strong bullish outlook, with the market poised for a significant rally that could see the pair rise by 100 to 150 pips. Central to this optimism is the pivot point at 191.82, which serves as a crucial...
The GBPUSD pair price attempted to continue its upward trend but was unable to surpass the SMA 200 resistance level. The price appears incapable of reaching higher levels as in the past. The wide gap formed at the market's opening in the Asian...
On the daily timeframe, the EUR/USD pair previously experienced a strong downtrend after rebounding from the local maximum of 1.1210, forming a well-defined southern price channel that persisted from October to January. However, following a rebound...
Market analysis Monday, February 04, 2025 USDCHF Assalamu'alaikum fellow traders, good afternoon. Hopefully you are still in good health. Hopefully all activities carried out can run smoothly until tonight. At the beginning of this week I want to...
