The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
Hello, everyone! 2024 trading is rounding up in a few days. How has your trading been the past months? As for me, I have not been active in trading but I will be totally involved in trading next year, 2025. Wishing everyone a successful year. ...
The GBP/JPY pair appears to be trading in a bullish trend overall, as indicated by the price action moving above the red moving average line. This moving average acts as dynamic support and resistance, suggesting a continued upward trajectory. The...
Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...