EUR/ JPY /D1 The EurJpy pair I monitor is running on the bearish side since the beginning of July until it can go down far. The downward trend can still be continued until this week and the price slowly seems to be moving towards the bearish side....
Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...
THE CURRENCY PAIR USD-CAD At the time of writing this post, the USDCAD currency pair, on the H1 chart, is flat and at 1.38321. The Instaforex indicator, which is on this forum, in the first part shows a slight advantage for buyers, in the range of...
USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
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...