The USD/CAD currency pair is currently facing a critical psychological resistance level at 1.3700. This level is pivotal as it represents a significant barrier that traders are closely watching. A successful breakthrough above this psychological...
Analyzing EUR/USD from the Daily Timeframe: When analyzing the EUR/USD pair on the daily (D1) timeframe, it is evident that the current candlestick is struggling to break through the demand zone at the price range of 1.0810-1.0820. This area is...
By the end of the week, the U.S. the dollar is falling to an eight-week low against the euro, but trading activity remains subdued. Everyone is saving energy ahead of May jobs data from the US. this evening has come. These reports are expected to...
GBP/ USD Price Analysis The GBP/ USD Currency pair's price action will be the subject of our analysis and discussion. A reversal from the 1.2841 reference point was because such points are usually on a non-overloaded chart, and our hourly chart was...
Forecast of GBPUSD H4 time frame chart outlook: The price of the GBPUSD has been moving in an ascending channel for the past few days, as can be seen by looking at the H4 time frame chart. However, this week, the price moved near the bottom of the...