GBPJPY Analysis The daily chart of the GBP/JPY pair shows a symmetrical triangle pattern. The fact that prices are moving up and down indicates that the milk supply is stable. The breakout direction determines the next trend. The price is currently...
Technical analysis of USDCHF Today I chose USD/CHF for technical analysis. The market price is falling and the trendline that helped it fall has been broken. While earlier the market price was very much respecting this trend line, now the market...
GBPUSD WEEKLY TECHNICAL ANLAYSIS Technical Analysis: GBP/USD found support near 1.2300, then showed a slight recovery before returning to the 1.2575 mark. Despite these short-term trends, the price is in an overall consolidation phase and is...
AUDUSD Daily Forecast On the AUD/USD chart, we can see that the ascending channel has broken downwards. The price is making higher highs and higher lows before breaking the support level. This gap indicates a change in trend. The price is currently...
Market Fundamentals: In a recent speech at the Society of Professional Economists Annual Conference, Catherine Mann, a member of the Bank of England's external policy committee, emphasized the importance of holding interest rates steady until there...
