USD/JPY Technical Analysis: USD/JPY is hovering around 147.50, struggling to clear the 148.00 resistance. I have been watching a descending trendline forming on the 4-hour chart, and unless we get a clean breakout above 148.00, the pair might stay...
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...
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...
Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
USDCAD Market Analysis: Bullish Outlook H4 Timeframe Analysis In the H4 timeframe, the USDCAD market has shown a significant bullish momentum, successfully breaking through the middle band price area. This upward movement is further supported by a...
