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GBP/USD started a pullback from the 1.3050 zone. USD/CAD is rising and might aim for more gains above the 1.3735 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a downside correction from the 1.3050 resistance zone. There is a key bearish trend line forming with resistance at 1.2940 on the […]

The post Market Analysis: GBP/USD Trims Gains While USD/CAD Rallies appeared first on Action Forex.

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03/06/2024

WTI Oil Price Unchanged After OPEC+ Meeting

The OPEC+ meeting over the weekend did not have a substantial impact on the price of crude oil. As the chart shows, WTI oil opened today at $76.72 per barrel, while on Friday it closed at $76.57 – indicating that the decision made by oil producers is ambiguous. The bullish argument is that restrictions on […]
13/08/2024

Sunset Market Commentary

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30/05/2024

Sunset Market Commentary

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