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GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2605 is expected, followed by a rise to 1.2735. An additional signal confirming the rise might be a rebound from the lower […]

USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hammer reversal pattern on H4. Currently, the instrument might go by the reversal signal in an ascending wave. The pullback target could be 1.3510. Next, the price might rebound from the resistance level and extend the descending wave. However, the quotes could drop to 1.3425 […]

Gold Correction Continues Gold prices are looking vulnerable this week amidst a bout of fresh USD strength ahead of the FOMC later today. Yesterday’s November CPI reading showed that inflation slowed to 3.1% annually from 3.2%, in line with expectations. While still headed in the right direction, the deflationary momentum we’ve seen across recent months […]

Daily Trade Setups #MSFT #AMZN #DXY To access today’s real-time actionable analysis Microsoft https://youtu.be/pDdBEtjaEXE?si=dYPMyylOFea7N2vZ Amazon https://youtu.be/OFe7PeeOQAM?si=qmMRzsXWogGbP9kP Dollar Index https://youtu.be/MDSBqEWdfTI?si=vvvcm_KoiX_HK–w Source: Tickmill

Record Breaking Deal Crude oil prices remain under pressure through the middle of the week amidst news of the COP 28 climate deal. The almost 200 nations represented at the  COP28 summit agreed on a record deal to transition away from fossil fuels in a bid to help tackle the increasingly worrying effects of climate […]

The foreign exchange market is churning today, with several key currencies experiencing volatility as investors digest the latest economic data and anticipate upcoming central bank decisions. Gold, the safe-haven asset, is feeling the heat after the release of US inflation figures, which reinforced expectations that the Federal Reserve won’t rush with the much anticipated dovish […]