Greetings to all traders! I hope your trading week has been fruitful. This week, the British pound (GBP) experienced a brief pause after its rapid growth the week before. The GBP/USD currency pair entered a consolidation phase, with the price...
The technical analysis of the USDCAD currency pair on the H1 timeframe reveals several key insights regarding its price action and potential future movements. First, it's essential to identify significant levels of support and resistance on the...
The pair is currently trading above the moving averages, which suggests a potential bullish bias in the market. However, I notice a divergence on the indicator, which indicates a possible decline in the near term. Since the price is still above the...
British Pound to Japanese Yen Price Chart - 5 Minute GBP/JPY Technical Analysis – 5-Minute Chart The GBP/JPY pair has recently shown significant price action, transitioning from a bearish structure to a potential bullish recovery. The price...
The USD/TRY currency pair continues to show signs of upward momentum as long as the key support level at 36.6224 remains intact. The pair has been maintaining its bullish structure, supported by strong technical indicators signaling further...
