As of now, GBPUSD is trading at 1.26180 on the daily time frame. After breaking a significant level at 1.28400, this currency pair has been consolidating for four consecutive days. Currently, the price is below the 150-period moving average (MA) on...
This morning, during the European session, the USD/CHF currency pair dipped slightly to around 0.9030. This movement can be attributed to rising geopolitical tensions surrounding the Russia-Ukraine conflict, which have led to an increase in demand...
Daily Forex Analysis for GBPCAD on H4 Time Frame In the current analysis of the GBPCAD currency pair on the H4 time frame, it is evident that the market is positioned in a bullish trend. This bullish sentiment can be primarily identified through the...
Economic Outlook for China and Its Impact on NZD/USD The economic prospects of China remain a primary driver for the NZD/USD currency pair, bolstered by recent statements from the Governor of the People's Bank of China (PBOC), Pan Gongsheng. He...
The Parabolic SAR (Stop and Reverse) and the Relative Strength Index (RSI) are two popular technical indicators used by traders to identify potential trends and reversals in financial markets. Currently, the Parabolic SAR and RSI indicate that the...
