Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
Technical analysis of USDJPY Today I chose USD/JPY for technical analysis. Currently, market prices are falling. The support level of the market is 151.95 and the resistance level is 153.75. Now, the market price range is between 153.75 resistance...
The EURJPY market has been in a downtrend, mainly due to a series of negative events related to the euro. These events have significantly weakened the euro, contributing to the downward pressure on the EURJPY pair. A key aspect of this move was the...
The spot price has managed to retain some of its earlier gains, though it remains significantly below the weekly highs. During the European session last Monday, the pair briefly surged to approximately 1.2800, but by the market close, it had settled...
The currency pair opened the week with a sharp decline, extending a two-day losing streak before finding support around the key psychological level of 1.0450. On Friday, however, the pair saw a slight recovery, rising to 1.0525 as buyers stepped in....
