EUR/USD Outlook: Mild Pullback Ahead of ECB Decision, Bullish Bias Persists The EUR/USD currency pair faced some selling pressure early Thursday, edging down toward the 1.1365 mark during the initial hours of the European session. Market...
Forecast of USDCAD Previously, the daily time frame chart showed a positive main trend. However, when buyers stopped responding, USDCAD engaged in range zone trading, which is characterized by trading along moving average lines. The USDCAD changed...
EUR/USD technical analysis This currency pair has completed A three-wave correction cycle, with the first and third waves almost equal in size. It marks the end of a complete correction cycle, and as predicted, a decline follows. Despite the upward...
GBP/USD technical view Today, I took a closer look at the weekly chart of GBP/USD, and the current setup reveals some interesting developments. The price reversed sharply after briefly breaking above the previous week's high. It formed a full...
GBP/JPY Technical Outlook: Symmetrical Triangle in Focus as Key Levels Approach The GBP/JPY pair is currently hovering near a critical support zone, with attention centered on the lower boundary of a symmetrical triangle formation positioned around...