Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price fell below the resistance of 1.8087 and rebounded after touching the support of 1.7961. If the market fails to break this support, the price could move...
Forecast of GBPUSD One of the currency pairs that began in a gap today was the GBPUSD, which opened in a bearish gap. The gap opening was rather large, but I did not see any more bearish movement after that because the GBPUSD conducted a range...
GBP/USD Technical AnalysisThe Relative Strength Index (RSI) indicator on the 4-hour chart remains below 40, indicating that the bearish bias remains. The pair was last trading around 1.2310, where the 100-period Simple Moving Average (SMA) and the...
USD/JPY: Simple Trading Tips for Beginners 3 February (US Session) Review of trade and tips for trading in Japan Jenu The level of 155.63 in the first half of the day occurred when the MacD indicator just began to move from zero line, confirmed by...
update Monday – January 03, 2025 Good morning to all members of the Investsocial forum. Hopefully all of you are healthy and enthusiastic in early February. I will analyze the GBPUSD currency pair . In doing this analysis I use the help of...
