NZD/USD outlook: The price is trading within a broken channel retest pattern, indicating a continuation of the downward trend. This month, the price started trading inside a rising red channel, representing the previous month's movement. Initially,...
The GBP/USD currency pair, representing the exchange rate between the British Pound and the US Dollar, currently sits at 1.2735. The prevailing trend is bearish, indicating that the Pound is losing value against the Dollar. This trend has been...
Good evening. I hope you all are doing well. The GBP/USD pair is moving within an uptrend channel on the H4 time frame. Recently, it has broken out of a triangle pattern formed by trend lines, with the next immediate target being the resistance zone...
Analysis of the Uploaded Chart Chart Description: The uploaded chart displays a candlestick pattern with Fibonacci retracement levels, which are used to identify potential support and resistance levels. The key features observed in the chart...
The Canadian dollar had a strong week, falling 1% against the U.S. dollar. dollars of the. On Friday, slow jobs data from Canada and the US. hot non-farm payroll news together sent USD/CAD up 0.70%. The Canadian dollar was unchanged at 1.3769 on...