Technical Analysis of EUR/GBP The recent breakout of the support level in the symmetrical triangle pattern indicates that the accumulation phase of trend energy within the model has concluded. As a result, the bearish participants in the market are...
Technical analysis of EURGBP Today we will be doing a technical analysis of EUR/GBP. The broader market has also broken support, which is now set as resistance, which will be the next level of support for the market. Market interest is waning. Maybe...
USD/CAD Trading Analysis Update Tuesday, February 18, 2025 Looking at the ongoing downward rally in the USDCAD pair, it is clear that the Loonie outlook is superior to the Greenback outlook. Last week's data results did not support the dollar index...
The GBP/JPY pair has rebounded from a three-day losing streak, trading around the 191.50 level in early European trading on Tuesday. A key catalyst for this resurgence in demand for the pair is the release of UK employment data. According to the UK...
I observe that the USDCAD currency pair is currently trading within a narrow consolidation range, creating ambiguity in determining its next directional move. I recognize that such periods of accumulation can extend for prolonged durations, making...
