GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2600, and I’m seeing mixed signals on the charts. On the 4-hour timeframe, it’s stuck near the 50-day EMA, which suggests indecision in the market. Key resistance is at 1.2650—if...
USD/CHF Technical Analysis Right now, USD/CHF is hovering around 0.8805, showing a cautious market mood. On the 4-hour chart, the pair remains below both its 50-day and 200-day EMAs, which points to a bearish setup. Resistance looks solid at...
Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 150.61, it also damaged...
GBP / USD; An hourly Time Frame Recommendation After checking the fundamental and technical factors of the last week, we can recognize that the USA news data failed to help the bears or sellers of GBPUSD. Despite some bearish expectations, the...
The outlook for the pair is driven by a combination of fundamental factors and technical patterns, creating a complex yet intriguing trading environment. Rising oil prices have lent some support to the Canadian Dollar, given Canada’s status as a...