The weekly chart of USOIL (crude oil) shows a clear structural change. The uptrend continues to consolidate and then moves into a downward corrective channel. From a low of around $6.50 in early 2020, prices rose, breaking several all-time highs,...
USDCAD Daily Outlook The USDCAD daily chart clearly shows a change in the previous consolidation and trend structure from a slight uptrend to a clear downtrend. For several months, the price has been trading in a wide sideways range with lows...
Market Analysis of GBPJPY (April 15, 2025) The GBPJPY currency pair has shown resilience in maintaining its bullish momentum over the past few days, despite experiencing some fluctuations. Currently, the price has rebounded above the "mother bar" on...
On the 5-minute chart, the British pound is currently showing signs of a potential breakout toward the upper Bollinger Band. This technical formation is a key signal watched by short-term traders for potential price volatility. A breakout toward the...
General Insights on GBPJPY News events from the UK have greatly favored buyers, particularly regarding the GBPJPY market. These economic changes have fueled a positive sentiment, resulting in a steady increase in the currency pair over the last few...
