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...
GBPJPY TECHNICAL ANALYSIS The GBPJPY currency pair is currently trading at 191.102 and remains within a defined range of 187.011 to 194.777. The overall trend continues to exhibit bullish characteristics as long as the pair sustains trading above...
USD/JPY As of today, USD/JPY is showing some interesting movements, influenced by both technical trends and fundamental factors. Technical Analysis: USD/JPY has been on a downward trend, recently testing a 14-month low around 140.25. The pair...
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)...
Gold remains a focal point for traders as geopolitical tensions and economic uncertainties continue to support its safe-haven appeal. The ongoing conflict between Israel and Hamas in Gaza has further heightened fears, with over 100 casualties...