USDJPY Weekly Chart Analysis: The USDJPY weekly chart reveals some intriguing activity. The price had been on a long-term positive trend, typically rising. However, the long-term increasing trend has now reversed. This trend shift was prompted by...
Forecast of EURUSD As the price of EURUSD reached the oversold level according to the RSI indicator, which is why, on the H1 time frame chart the price corrected on Friday of this week; it pushed up to the 50 EMA line, and then again it started...
EURGBP Daily Technical Analysis 1. Current Market Structure The EURGBP daily chart is showing a strong bearish shift in market structure. Price had previously spent several weeks consolidating between approximately 0.8540 and 0.8600, but the latest...
Technical Analysis of EUR/AUD: Market Overview The EUR/AUD currency pair shows interesting price action across multiple timeframes. Traders are carefully monitoring price movements as the euro reacts to shifting macroeconomic conditions in the...
USD/CAD D1 Technical Analysis: Bullish Momentum Pushes Price Toward 1.42854 Resistance 1: Executive Market Overview USD/CAD is shown on the D1 timeframe, with the latest visible price at 1.42467. The pair is displaying a strong bullish structure...
