Hello everyone, I will be discussing the trend of the GBPUSD currency pair. The GBPUSD pair ended the trading week with a bullish candle, showing signs of bullish momentum. On the daily time frame, the currency pair has been in a clear uptrend,...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello, and Good Morning my dear traders. I want to forecast the price of USD/JPY for upcoming trading sessions. USD/JPY is trading at 157.38 at the time of writing. USD/JPY started with positive...
EUR/USD/H4 We open the daily chart for the euro/dollar pair and see that a strong downward price channel was previously broken, within which the major is trading at 1.0743. Moreover, it is worth noting the fact that earlier there was a rebound from...
Technical analysis involves studying historical price data to forecast future price movements. One of the primary tools used in technical analysis is chart patterns. These patterns form due to the price action of a currency pair and can signal...
The USD/CAD exchange rate, currently at 1.3740, is in a bearish trend, reflecting a decline in the value of the US dollar against the Canadian dollar. This downward movement suggests that market sentiment is currently favoring the Canadian dollar....