Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
EURUSD Forecast: In the wake of strengthening the U.S. dollar against the background of the EUR/USD pair, which had consolidated above the level of 1.18193 on Wednesday, it fell today. Market instability is being blamed on Russia and Ukraine by the...
GBP/USD Hourly Technical Analysis The hourly chart reveals a technically structured environment for the British pound as it navigates within a descending price channel following its rejection from the 1.3865 local high. This channel formation...
USD/CAD H4 Timeframe: Based on the USDCAD chart on the H4 timeframe, the current technical conditions still reflect dominant bearish pressure, despite the market being in a consolidation phase following a sharp decline. Looking at the overall price...
Movement of the GBPUSD market pair on Tuesday was still controlled by the sellers by successfully restraining the bullish rate from the buyers by holding it in the 1.3608 price area that's why the buyers lost control to bring the price to continue...
