USD/CAD ANALYSIS UPDATES 27 JULY 2024 Observing the USDCAD pair, it seems that the consecutive upward rally for several weeks has reached the supply area of 1.3898 - 1.3837. Most likely there will be a downward correction phase towards the...
EUR/JPY/M30/ 164,778. The EURJPY currency pair with the M30 timeframe already has a good signal, it's time to do an analysis. The increase in the price of EURJPY is higher than the resistance, indicating that buyers have dominated the market. The...
Hello, dear friends. The GBP/USD pair is currently demonstrating a downtrend on the H4 time frame. This movement is notably consistent with its interaction with the 50-period Simple Moving Average (SMA), which has been guiding the bearish sentiment....
The GBP/USD currency pair struggled to gain traction on Friday, with a modest 0.13% increase. This tepid performance reflects growing expectations that the Bank of England will lower interest rates next week. The pound has been losing momentum for...
GBP/USD Analysis H4 Time Frame Analysis Hello, dear friends. The GBP/USD price is showing a downtrend on the H4 time frame once again, but it is still following the 50 SMA line, indicating that a negative move may be imminent. A support zone is...