USD/CAD Technical Analysis This week, I did not secure any profits—only in theory. In reality, I am currently sitting in a drawdown on the pound. However, bears may take control and push the price downward, potentially closing the week positively....
General Points about NZDJPY: We can see that the NZDJPY market closed at the 87.40 level, and it has the potential to move further downward. Sellers are gaining momentum, and the pair may continue its decline if bearish pressure persists. A bearish...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as the market reacts to recent economic data and central bank sentiment. The Bank of England (BoE) held rates steady at 5.25%, but Governor Andrew Bailey’s dovish comments suggest a...
Good afternoon Kresek, if you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average zone. If there is a...