Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.7841, the...
Hello everyone! I agree with the idea of a pullback and will observe its strength and the price action that unfolds during this phase. On the daily chart, the resistance level at 1.2228 has already been tested from below, which opens the possibility...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. The market is falling, causing the price to drop near the 152.96 support. The market price has broken the support level several times and has yet to break the resistance at...
I observe that Monday’s 100-point gap likely caught many off guard, as such volatility has been absent for a prolonged period.** However, buyers demonstrated resilience, swiftly reclaiming lost ground and hinting at a potential reversal toward...
GBP/USD PAIR REVIEW Price of currency: GBP/USD There has been no significant price movement in the gbpusd market until this afternoon. The price is still in the base area of 1.2494 with buyers still dominating price formation. Prediction of the next...