I notice that GBP/USD has been overlooked compared to other major currency pairs, as if it’s been left on the back burner. I believe this could be due to traders waiting for the Bank of England (BoE) meeting, though I’m not entirely sure when it...
The chart above depicts the price movement of the NZDCHF currency pair on the H1 timeframe. So far, it appears that the NZDCHF has been exhibiting a stable bearish trend. This observation is reinforced by the position of the 200-period moving...
The USD/CHF pair on the H1 chart reveals a well-established bearish trend that has been in place since late March. The price action was relatively stable for several weeks leading up to the end of March, trading in a sideways range near the...
EURJPY Technical Analysis – Price Action RSI The EURJPY currency pair continues to show strength on the H4 chart, having recently extended its bullish momentum above previous resistance levels. However, signs of consolidation are beginning to...
USD/CAD Greetings and Good Morning to all traders! The market of USD/CAD again dropped sharply and reached the 1.3976 zone yesterday. It shows that the sellers are consistently increasing their value. So, the buyers should be careful and use stop...
