Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The GBP/CAD margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
Analysis of AUDCAD Currency Pair on D1 Timeframe Current Market Structure Examining the AUDCAD currency pair on the daily (D1) timeframe reveals a broken downward wave structure. The latest wave has surpassed the high of the previous wave,...
Forecast for USD/JPY on March 10, 2025 On Friday, the Japanese Yen experienced a decline, reaching a green price channel line that it has been approaching for the past two months. While there are some weak signals indicating a potential reversal,...
EURUSD TECHNICAL ANALYSIS I will try to read the trend direction for the EUR/USD currency pair on the H4 timeframe using the Moving Average Indicator period 21 and also the Moving Average Indicator period 34, for the current price conditions...
General Points about USDJPY: In the past few days, the USD/JPY market has dropped significantly, indicating a bearish trend. The decline can be attributed to various factors, including economic data releases, shifts in monetary policy expectations,...