XAU/USD Analysis Greetings and Good Morning guys! Yesterday, the market of XAU/USD crossed the support zone of 2938 successfully, marking a crucial technical breakdown. This level was a major support where the market had the potential to either...
USD/JPY Looking at the USD/JPY, the technicals show strong bullish momentum. The pair has been climbing steadily from a low of 130.50 earlier this year and recently broke through resistance around 135.50, now testing levels near 137.50. Here are...
GBP/JPY Bearish Cycle Continues Bearish Trend and New Targets GBP/JPY is currently in a bearish cycle, with potential price movements indicating a decline of 102 to 151 pips. The pair has struggled to break the 189.51 resistance level, which is...
USDCHF Daily Time Chart Analysis Technical Analysis As can be seen from the daily chart, the USD/CHF pair is currently in a downtrend. A break below the key moving average indicates that the US dollar is weakening against the Swiss franc. Ichimoku...
Technical analysis of GBPCAD Now I will do a market analysis on the GBP/CAD pair. GBPCAD is the leading currency pair in the foreign exchange market. I am looking at the GBPCAD h1 timeframe chart. The market is currently in between support and...
