GBPCAD Advances Bullish Sequence from Equal Leg

USDCHF reversed from round support level 0.9000 Likely to rise to resistance level 0.9100 USDCHF currency pair recently reversed up from the round support level 0.9000 (which stopped the previous corrections iv, 4 ii, 1). The support level 0.90000 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the […]

GBPUSD corrects lower after advance pauses But seems to be finding traction in the last couple of sessions Oscillators lose ground but remain in their positive zones GBPUSD had been forming a profound structure of higher highs and higher lows following its break above the crucial descending trendline in early November. However, the pair’s rally paused at […]

Over the summer, we have seen big moves in financial markets largely reflecting conflicting views of the US economy. During the first half of 2024, markets were often driven by concerns about persistently high US inflation and the implication that it would be difficult for the Fed to reduce interest rates. However, the last three […]