Technical Analysis For GBPUSD Today I want to give my analysis of the GBP/USD pair from our point of view, focusing on the daily time frame to get a comprehensive picture of the movement of this currency pair. On the daily time frame, our attention...
The USD/CAD pair exhibits a compelling technical setup, poised for a potential rise of 25 to 50 pips. Central to this analysis is the pivot point at 1.4440, which delineates the market's directional bias. Above this level, the outlook turns...
Market Fundamentals: The Bank of Japan’s latest meeting minutes presented a cautiously optimistic perspective on upcoming monetary policy changes, emphasizing the possibility of gradual interest rate hikes if inflation aligns with expectations,...
The euro saw a modest recovery in early trading on Monday, hovering near the 1.03 level. However, it is important to note that US markets were closed for the Martin Luther King Jr. holiday, resulting in reduced liquidity and a lack of major price...
Market Fundamentals: The currency pair has been on a downward trajectory for three consecutive sessions, currently trading around 1.4320 during Monday's trading hours. The pair price is benefitting from an uptick in crude oil prices, with Canada...