The GBP/JPY pair continues to exhibit structural weakness, with a strong probability of further declines ranging between 110 and 160 pips, provided that the price remains capped below the critical resistance level of 191.28. This resistance level...
Analyzing AUDCAD through Fibonacci levels on the previous trading day reveals a Fibonacci grid anchored to the Daily high of 0.90020 (100 level) and the Daily low of 0.89414 (0 level). The current price of 0.89886 is situated between the 100...
GBP/JPY remains under strong bearish pressure, with expectations of a decline between 110 and 160 pips if the price continues to trade below the significant resistance level of 191.28. This key level serves as a major barrier preventing any...
Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a bullish reversal pattern that typically appears after a downtrend. It signals a potential price reversal and a shift in market sentiment from bearish to bullish. Key...
USD/CAD Analysis: Current Trends and Insights Introduction The USD/CAD currency pair has been on a bullish trajectory, continuing its upward movement into the recent trading session. This analysis aims to break down the current market conditions,...
