Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
Bearish Belt Hold Candlestick Chart Pattern The Bearish Belt Hold is a single candlestick pattern that signals a potential reversal or continuation of a downward trend. It is often observed in technical analysis of stock or forex charts. Below is a...
Yesterday, the EUR/USD pair still had a chance to reach the resistance of 1.0608 by the end of the week, if the pair had not tried to break through the support of 1.0340, which, as expected, they could not break through with consolidation and still...
General Points about USDCAD: Right now, the market is trading around the 1.4326 level, showing signs of stability after today's U.S. Core CPI data release. A key economic indicator has provided some support to the U.S. dollar, helping it maintain a...
CAD/ CHF Price Outlook The CADCHF pair since the beginning of the month tends to move towards the Uptrend side, the increase in the market has brought the price to the 0.6364 area. This week there is still a bullish moment but there is an effort by...
