EURGBP Daily Time Chart Analysis The EUR/GBP pair is moving lower after rejecting the downtrend formed from January 23 to February 2, 2023. The pair is below three major moving averages, further strengthening the decline. However, sellers failed to...
USD/JPY Price Forecast Analyzing the H4 timeframe chart for USD/JPY, it appears that the market is currently in a bearish trend. Both price action and indicators are signaling a downward movement. The current price is hovering around 151.460, which...
The US dollar initially fell against the Japanese Yen at the beginning of the session, but quickly reversed the course and now shows a renewed force. At present, the PAR is negotiated around the 200 -day exponential mobile average (EMA), which many...
USD/CAD Technical Analysis and Forecast Current Market Overview The USD/CAD market is in an uptrend amid a strengthening US dollar. On the H1 chart, the USD/CAD price is trading at 1.42356 and is moving towards the resistance level at 1.42500. The...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2569, experiencing resistance near the recent highs. The daily chart suggests a potential slowdown in bullish momentum, while the H1 timeframe shows a pullback with price struggling to...