The chart represents the GBP/USD currency pair on an H1 (hourly) timeframe. The price is currently at 1.2743, and it has been trending upward. The chart displays Bollinger Bands, which are used to measure volatility and potential overbought or...
PAIR REVIEW GBPJPY Hello. The current state of the GBPJPY currency pair is more conducive to sales than to purchases. GBPJPY is trading at 189.354 and reaching the support level of 188.957 looks quite realistic. Of course, a little lower is...
USDJPY Technical Analysis USDJPY is experiencing a strong downtrend, trading at 148.299 on the H1 timeframe. The price is well below the 150-period moving average (MA), confirming bearish momentum. The MA is sloping downward, signaling continuous...
THE CURRENCY PAIR USD-CAD And my USD/CAD went a little differently than expected! The price created a strong bullish impulse, rising to the 61.8% level of the four-hour Fibonacci retracement. Of course, it was not touched, but the further price...
Technical Analysis of GBPAUD Today, I will discuss the technical analysis for GBP/AUD. Currently, the market is experiencing a downward trend. We have a resistance point at 2. 0395 and a support level at 2. 0235. If the market falls below our...