The GBP/USD H4 chart presented shows a strong downtrend over an extended period, with the price making lower highs and lower lows. The red moving average (likely a 50-period or 20-period MA) is acting as dynamic resistance, keeping the price below...
GBP/JPY Market Outlook Greetings and Good Morning to everyone! The market of GBP/JPY is in an oversold area, indicating that selling pressure has been excessive and a potential reversal may be on the horizon. Recently, the pair had crossed up to 200...
USD/CAD is currently exhibiting a strong bullish trend, with price action and technical indicators signaling further potential upside movement. The pair remains well-supported above the key pivot level of 1.4300, which serves as an essential...
H-1 Technical Outlook GBP/USD As for the abolition of duties for China, I have serious doubts because Mexico and Canada are partners of the USA, no matter how you look at it, and China is not a very honest competitor, if not an enemy. Moreover,...
The USD/CHF currency pair is currently positioned for a potential upward movement, with an expected increase ranging between 38 and 58 pips, based on technical indicators and market trends. This forecast is primarily driven by the pivot level at...
