Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...
Technical analysis of GBPCAD Today I have a GBP/CAD technical analysis forecast that the market is rising, breaking every resistance level, and the price is rising. The market price creates an ascending channel that moves upwards. The price exits...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
Technical analysis of EURJPY Today I will show you EUR/JPY technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 161.40 and support at 159.99; if the market breaks our support, it falls. If the...