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gbpusd

GBP/CAD Signal: Very Bullish Above 1.7500

The GBP/CAD price is in a strong upward trend as the overall strength of the British pound continues. The pair is trading at 1.7495, which is the highest it has been since August last year. Other pairs like the GBP/USD and GBP/JPY have also continued to rally. The GBP/AUD has […]

DAX

Dax Index – We Should Not Discount a Move to 13,000

The stock market is on everyone’s lips, and the Dax index follows the price action in the United States closely. While not making new highs, it sits close to the highs on the back of extreme interest in the equity markets, especially from the retail community. It appears that the […]

Gold prices

Gold Price at Support Before the Fed Statement Today

Gold price, as other dollar markets as well, just consolidated in the past weeks. It appears that the markets wait for the next move in the dollar, and the Fed Meeting and press conference today is critical from that perspective. The price of gold forms a head and shoulders pattern. […]

GBPUSD

GBP/USD Price Analysis Ahead of FOMC Decision

The GBP/USD price momentum is accelerating even as the UK economic situation continues to get worse. The GBPUSD rose to 1.3750, which is the highest level in more than two-and-a-half years. Today, focus will be on the tone of the Federal Reserve. What happened: The GBP/USD price continued its upward […]

EURUSD

FOMC Preview and Implications for the EUR/USD Price

The EUR/USD price is little changed today as traders wait for the Fed interest rate decision and the US durable goods data that will come out later today. The EURUSD is trading at 1.2165, which is in the same range where it was yesterday.  FOMC preview: The FOMC will conclude […]

eurusd

EUR/USD Remains Bid Despite Possible Head and Shoulders In Place

The EURUSD pair remains elevated for all the troubles in the European economies and the problems with the vaccines rollout. As it turns out, the European Union lacks enough vaccines for the vaccination to continue, as some of the contracted doses were delayed. Moreover, the efficacy of the vaccines is […]