GBPJPY CURRENCY PAIR ANALYSIS It turns out that last Wednesday gbpjpy failed to retrace around the price of 192.39. This happened because yesterday gbpjpy was still able to continue its increase to a higher level. After the area at the price of...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
EUR/USD Technical Analysis and Forecast H1 Chart: The EUR/USD market shows signs of a slight recovery after falling to 1.08234 today. The EUR/USD market trades at 1.08636, slightly recovering from the daily low. When the price fluctuates around this...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only...
