Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
The GBP/JPY market is now in favor of the buyers. Because yesterday it crossed the 191.00 area and the buyers seem optimistic. So I expect the next target for this market to be 192.55.Keep in mind that prudent account management is another essential...
Technical analysis of USDJPY Today I chose USD/JPY for technical analysis. Currently, market prices are falling. The support level of the market is 151.95 and the resistance level is 153.75. Now, the market price range is between 153.75 resistance...
The EUR/GBP exchange rate rose on Friday, approaching the 0.8300 level after recovering from a two-year low of 0.8225 earlier in the week. The increase in the euro's value comes after the publication of disappointing economic data from the United...
The Australian dollar initially gained momentum after the release of strong Australian jobs figures earlier in the day. However, the pair encountered resistance at 0.6430, reaffirming the current trend. Notably, net employment in Australia increased...
