Technical analysis of GBPJPY GBP/JPY on the 1H timeframe is attempting to recover after a sharp bearish decline that drove price into the 213.30–213.50 demand zone. Following the aggressive selloff, buyers stepped back into the market and pushed the...
USD/CHF is consolidating near 0.7991 on the weekly chart after a strong rebound from the multi-year low around 0.7600. The pair has climbed aggressively over recent weeks, but the advance is now challenging a critical supply zone that capped rallies...
CADJPY H1 Technical Analysis – Breakout Test at 115.214 Above All MAs, RSI Overbought at 72.47 *Technical Structure* CADJPY H1 is trading at *115.214*, breaking out of its multi-day downtrend after reclaiming all three MAs. Price had been grinding...
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Technical analysis of AUDUSD Today I will start with a technical analysis of AUD/USD. The market is currently in a downtrend and the trendline is helping the market enter the downtrend. The market is currently trading below the 1.0582 resistance and...
