Analysis of Recent Market Movements and Speculation on Fed's Rate Cuts: The currency pair experienced a remarkable surge to 157.10 during Friday's European session, reflecting substantial market movements. However, the asset quickly retraced its...
GBP/ USD Price Interpretation The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. The GBP/USD pair is currently trading in negative territory below 1.2759. The US dollar is outperforming its...
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The price action for this week's trading commenced with a notable upward gap, a promising indicator for bullish sentiment. However, shortly after, it retraced to close the gap, demonstrating a potential shift in momentum. Despite this initial...
USD/CAD Weekly Forecast Greetings and Good Morning to all visitors! The Canadian CPI and other news events couldn't help the sellers successfully hold the support zone of 1.3732. However, the overall performance of USD/CAD sellers was good. Also,...