There is a fairly interesting price position in the EURJPY Market this time. It can be seen that the price is making a rejection set-up in the critical support area. EURJPY fell again in the market movement this Thursday. The price fell again until...
NZDUSD Analysis The NZD/USD pair continues to post strong gains and reaches key resistance at 0.5780. The pair rebounded from recent lows and continued to climb above key moving averages. However, the price action has formed a rising wedge pattern,...
USDCHF Daily Time Chart Analysis The USDCHF pair is under pressure after three consecutive bullish sessions and is facing a strong resistance near the 50-day simple moving average. The pair remains below the uptrend channel and technical indicators...
Markets appear to sense a potential shift in the president-elect’s previously hardline stance, offering some relief to the Canadian Dollar (CAD) and other currencies. However, uncertainty lingers in Canada’s political landscape following Prime...
GBPUSD Technical Analysis GBPUSD is currently trading at 1.26180 on the daily timeframe. After breaking a significant level at 1.28400, the pair has been in consolidation for the fourth consecutive day. The price is currently below the 150-period...
