The GBP/JPY pair is exhibiting a clear bearish bias, with technical indicators pointing toward continued downside pressure. The Relative Strength Index (RSI) is positioned below the 50 level, signaling that sellers maintain control and that buying...
The technical outlook for GBP/JPY suggests a clear preference for the downside, with multiple indicators signaling continued selling pressure. One of the most notable factors supporting this bearish perspective is the Relative Strength Index (RSI),...
PAIR REVIEW NZDUSD Hello colleagues. On the daily chart, the pair has been moving north. There were also purchases on the pair on Friday. Let’s see if the north will continue on Monday or if we should expect changes. Let’s see what the technical...
The NZD/USD forex pair is currently displaying a bullish outlook, with market participants anticipating an increase of approximately 22 to 32 pips as long as specific support levels remain intact. The critical technical level in focus is 0.5720,...
USDCAD TECHNICAL ANALYSIS I mapped the USDCAD market situation based on the H1 timeframe, it seems that pressure from sellers is currently being faced by the MA100 indicator which is a defense against bullish trend situations, it can be good...
