Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.7841, the...
Good afternoon Kresek, if you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average zone. If there is a...
Good Morning and Market Insights Hello, everyone. I hope you’re all doing well. The EUR/JPY pair closed yesterday’s trading session at 154.50, forming a bearish black candlestick. The current price level following the daily decline is near the upper...
Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
WTI Oil Daily Time Chart Analysis West Texas Intermediate crude has been under intense pressure over the past three weeks. The pair falling 6% from its January high of $79.36. The market crashed on Tuesday, with the price falling to $70.66....