GBP/JPY On Thursday, the British pound depreciated sharply on the launch of disappointing financial data. Although the UK GDP grew in November, it grew by means of 0.1% month-on-month, decrease than the market's expectation of 0.2%. Industrial...
he NZD/USD pair's bullish potential hinges on a robust technical setup, projecting an increase of 28-41 pips if the support level at 0.5693 holds. This support is not merely a price threshold but a psychological barrier where buyers have...
The breakout of CADJPY from the wedge pattern on the 1-hour timeframe marks a crucial juncture in the pair’s trajectory, signaling a potential shift toward sustained bearish momentum. This breakout represents more than a mere technical event; it...
The wedge pattern breakout observed on the CADJPY 1-hour timeframe reflects a significant disruption in market structure, marking the beginning of what could be a sustained bearish trend. This structural break highlights a shift in momentum, where...
The NZD/USD pair exhibits a positive technical outlook, with a potential for upward movement of 28-41 pips, contingent upon the defense of the critical support at 0.5693. This level acts as a cornerstone for the bullish sentiment, representing a...
