Price Analysis – EURUSD Is Poised to Fall Further With a Head and Shoulder Pattern EURUSD is poised to fall further after it conformed to a head and shoulder reversal pattern. Since the beginning of May 2021, prices have been rising. The price only retraced for a period between the 10th of June …
Inflation and Poverty Levels Are Predicted to Rise in the United Kingdom
The United Kingdom has been predicted to have an increase in inflation of up to 4% this year. This would in turn reduce the standard of living of its citizens, eventually pushing up their poverty level, reports the Resolution Foundation, an economic think-tank based in the United Kingdom. British …
USD/Cad Price Surges Ahead, Targets Level 1.2600
USD/CAD Long-Term Analysis: BullishUSD/CAD is in an upward move. The currency pair has risen to level 1.2462. The RSI has indicated that the pair has reached an overbought region of the market. The currency pair's upward move is doubtful. However, as long as price bars are above the moving averages …