Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.8641, the...
Technical Analysis of Gold Once again, the price of gold is signaling further upward movement without correction, as seen on the 4-hour gold chart. For several days, the price of gold has traded in a sideways range between the 2950 level at the top...
EUR/USD Technical Analysis and Forecast H1 Chart: The EUR/USD market shows signs of a slight recovery after falling to 1.08234 today. The EUR/USD market trades at 1.08636, slightly recovering from the daily low. When the price fluctuates around this...
The USD/TRY currency pair is showing strong bullish momentum as long as the price remains above the critical support level at exactly 36.5386 today. Technical indicators suggest further upside potential, with the Relative Strength Index (RSI)...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
