Overall Trend Structure The USD/JPY currency pair is showing a clear change from the previous strong uptrend to a strong downtrend structure on the daily chart. Prices continued to rise from mid-September 2024 to early December 2024, indicating a...
The daily chart of the GBP/JPY pair shows a clearly defined descending channel structure that has formed over the past few months. After breaking through the psychological barrier of 200.00 in mid-2024, the currency pair encountered strong...
The USD/CHF currency pair saw a significant drop, falling to about 0. 8530 during the early hours of European trading on Thursday. This decline is mainly due to rising trade conflicts between the United States and China, which are the two biggest...
In the past week, the GBP/USD currency pair has experienced strong pressure from buyers. This extreme pressure has formed a very long weekly candle, far beyond the usual weekly range formed on GBP/USD. This extreme condition has the potential to...
USD/CAD Technical Analysis – April 13, 2025 The USD/CAD pair is showing signs of potential reversal after a steep decline last week, where the pair dropped over 200 pips and closed near the 1.3858 level. Today’s session opens with cautious...
