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...
Currency pair GBPUSD - H4 chart. This new week, and the trading month, began with a sharp drop downwards, with a rather impressive price gap, which, however, has already been covered. The price on Friday stood right at the horizontal support level...
Currency pair EURUSD - let’s consider the four-hour period of the chart today. This new trading week and month started with a sharp downward drop and an impressive price gap, which, however, traders have already closed. It is clear how the figure of...
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...
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....
