The provided chart, labeled "GBPJPY_H1," appears to represent hourly data for the GBP/JPY currency pair, which is a popular forex trading instrument. The data points range from 187.30 to 194.80, indicating significant fluctuations in the exchange...
The USD/JPY pair has been exhibiting a clear bearish trend over the past week, and I believe this downward momentum is likely to continue in the near term. Currently, the pair is trading below the daily Pivot level of 150.15 and the opening level of...
GBPUSD Technical Analysis and Market Outlook The GBPUSD pair closed yesterday’s trading session at 1.26315, reflecting a cautious market sentiment amid mixed economic data and global macroeconomic developments. As we look ahead to Monday’s market...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
USDCAD Weekly Forecast USDCAD is now correcting after reaching a multi-year high near 1.4700. As you can see on the weekly chart, the price rose to 1.4221, tested a major support level, and then the strong momentum disappeared. Given the recent...