Despite current consolidation near 1.4190, technical conditions favor a rebound in USD/CAD if support at 1.4134 remains unbroken in sessions. The MACD hovering above its signal line suggests slight bullish momentum building, although it remains in...
I am currently observing that on the daily chart, the USD/CHF currency pair is showing clear signs of a southern movement. I notice that today's trading activity is also supporting this bearish direction. I believe it's important to assess the...
Economic indicators play a pivotal role in forex trading by providing traders with data that can influence currency values and trading strategies. These indicators include statistics such as Gross Domestic Product (GDP), inflation rates, employment...
GBP/USD is currently trading with a mild bullish tone after finding solid support near the 1.2750 region, a level reinforced by the 50-day Simple Moving Average (SMA). Despite this short-term rebound, the pair continues to struggle in sustaining...
GBP/USD As of today, April 10, 2025, I’m seeing the GBP/USD pair under quite a bit of pressure, driven by both macroeconomic factors and technical signals. Fundamentally, the pound’s been struggling, especially with the recent U.S. tariffs hitting...
