The GBP/USD pair continued to come under pressure during Asian trading session, falling for the second consecutive day and hovering around the key psychological level of 1.3500. Despite the pound's continued decline, spot prices have not shown a...
USDCAD Price Action: The USD/CAD currency pair's price changes are the main focus of our analysis. Based on candle analysis of price action, the instrument often recovers when it gets closer to the resistance zone at 1.38084, creating an inverted...
TECHNICAL ANALYSIS OF BITCOIN PAIR. On the Bitcoin H4 chart, BTC/USD is trading around 79,229.86, and the technical structure remains strongly bullish despite the recent consolidation near the psychological 80,000 level. The chart shows a major...
USDJPY Daily Chart Analysis: The latest daily support is broken at the mid-lower line at 153.106, suggesting the bearish attitude engulfing the selling pressure and the 38.3% Fibonacci retracement at 152.546. The USD/JPY is currently trading around...
GBP/USD H4 Outlook: RSI 56.27 and Positive MACD Support a Cautious Recovery GBP/USD is trading at 1.35442 on the H4 chart. The visible indicators show a market that has recovered from its recent decline, with momentum improving but not yet strongly...