USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
USDCAD Market Analysis: Bullish Outlook H4 Timeframe Analysis In the H4 timeframe, the USDCAD market has shown a significant bullish momentum, successfully breaking through the middle band price area. This upward movement is further supported by a...
GBPCAD Analysis The daily chart of the GBPCAD currency pair shows a strong uptrend. The price action is consistently forming highs and lows within a well-defined uptrend channel. The currency pair has recently broken through the upper boundary of...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
USD/JPY Technical Analysis: USD/JPY is hovering around 147.50, struggling to clear the 148.00 resistance. I have been watching a descending trendline forming on the 4-hour chart, and unless we get a clean breakout above 148.00, the pair might stay...
