| This week’s Exness Market Outlook takes a closer look at GBPUSD and what current price action could mean for currency trading opportunities. After weeks of sideways movement, is the pair setting up for a new trend, and how do technical signals like moving averages and oscillators support the outlook? With key US economic data ahead, including services PMI, non-farm payrolls, and the unemployment rate, what role might fundamentals play in shaping the next move? Watch the full video to see how these factors come together for forex trading this week. Trading is risky. Trade with care and keep watching our informative videos to enhance your trading skills and strategies. #ForexTrading #GBPUSD #CurrencyTrading #FXOutlook #BondYields #TechnicalAnalysis |
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This is a simple example of how to follow the story that a technica analysis can present to you. There are so many ways to read and tell and view the market is endless perspectives. It is a simple one, yet a professional one This is one of them. It shows the bulls are in control.
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InvestingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
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USDCAD is the symbol in focus this week as important data from Canada approach and there are signs of divergence in economic performance and monetary policy between Canada and the USA.
The price of dollar-loonie has failed twice to push below $1.355 since the middle of last month and now might start to show strength as the US dollar recovers. The loonie traditionally has among the strongest correlations with crude oil in forex trading, so oil’s recent decline might hit the Canadian dollar too. The focus of data this week is on the Fed’s minutes and Friday’s Canadian job report.
Trading is risky.
Trade with care and keep watching our informative videos to enhance your trading skills and strategies.
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