GBPCAD Analysis The daily chart of the GBPCAD currency pair shows a strong uptrend. The price action is consistently forming highs and lows within a well-defined uptrend channel. The currency pair has recently broken through the upper boundary of...
The GBP/USD hourly chart currently presents an interesting scenario, with the price hovering around 1.2920 and trading between the Bollinger Bands, indicating a phase of stability. However, within this stability, various indicators are providing...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
GBPJPY Daily Forecast The daily chart of the GBP/JPY pair presents an interesting technical picture that reflects the transition from a long-term decline to a potential decline. First, the pair is trading within a downtrend channel characterized by...
