Specialized analysis of the USDJPY brace The specialized analysis of the brace on the 4- hour map shows the price trend towards the daily pivot position, whichis anticipated to determine the coming price trend. Tracing the former price movement,...
On the hourly chart, the GBP/USD pair confirmed a breakout below the 1.2363 – 1.2370 support zone on Monday, suggesting a potential further decline toward the 261.8% corrective level at 1.2303. However, if the pair re-establishes itself above this...
Silent Points about GBPNZD: If we look at the overall market perspective for GBP/NZD, it seems to be moving in favor of the buyers. The currency pair has been showing bullish momentum recently, indicating that buyers are currently in control of the...
Silent Points about USDCADresently, there will be no news events released for the Canadian Dollar. Because of this, reliance will be solely on GBP news events. The market’s direction will be influenced by key economic indicators and fundamental...
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