Technical Analysis of GBP/USD Last trading week, the pound continued to grow and set new local highs. The price moved above 1.3170 and found key support there, allowing it to extend its gains at 1.3292 and settle above that level after a reverse...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
Understanding the Basics of Gann Theory Gann Theory is a financial market analysis technique developed by legendary trader W.D. Gann in the early 20th century. Gann’s methods are based on time, price, and geometric angles, which he believed could...
The USD/CAD daily chart is presenting a consolidation pattern, with the pair trading near 1.34708 after experiencing a rejection from key resistance levels around the 1.38000 region. Over the past months, price action has been largely range-bound,...