CADJPY Analysis The daily chart of the CAD/JPY currency pair clearly shows the downtrend structure that has been characteristic of the market trend over the past few months. The extensive sell-off began in early April 2024, reaching a significant...
GBP/USD technical view Good morning, Invest social community! I hope everyone is doing well and enthusiastic about forex trading today. This morning, I'll analyze the GBP/USD pair, which has been on an upward trend since last month. Last week, the...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price is rising, but I see the market is moving out of this trend line, which is helping the price a lot. After breaking the trendline, the cost market failed to...
The British pound remains under moderate pressure amid stable inflation in the UK, which currently stands at 3.5%. This inflationary backdrop has prompted the Bank of England (BoE) to take a cautious stance on interest rate cuts, providing some...
The GBP/USD H1 chart displays a clear bullish momentum that has developed over the recent sessions, with price action climbing steadily from the 1.3150 level towards the 1.3530 area. The upward trend gained strength around May 14th after a period of...
