ANALYSIS OF GBP/JPY PAIR. The GBP/JPY pair on the H1 timeframe exhibits a complex yet structured price movement, characterized by notable swings, dynamic trend shifts, and key support-resistance interactions. The 190.40 level emerges as a pivotal...
USD/CAD Current Market The general trend in the USD/CAD market was bearish, but the market is recovering. The USD/CAD market is currently trading at 1.43036. It had previously attempted to break below the 1.42500 support level, but the price could...
The Swiss Franc (CHF) has demonstrated significant strength against the US Dollar (USD), surging notably on Thursday despite mixed US economic data that hinted at ongoing deterioration. This robust performance drove the USD/CHF pair down to 0.8835...
In my analysis of the NZD/USD trading pair, I observe that the market has recently undergone a substantial decline, which I anticipate may continue in the short term. The price has recently wiped out two bullish candles with a single bearish candle,...
The EUR/GBP pair has witnessed a significant surge, fueled by speculative activity that swiftly countered the pair's descent to a two-and-a-half-year low of 0.8220 in December. This rapid reversal propelled the pair to 0.8380, marking its most...