Technical analysis of GBPCAD Now I will do a market analysis on the GBP/CAD pair. GBPCAD is the leading currency pair in the foreign exchange market. I am looking at the GBPCAD h1 timeframe chart. The market is currently in between support and...
USDJPY Weekly Technical Analysis USDJPY is currently trading around 149.31, showing a strong bearish trend on the daily and weekly timeframes. The 14-period RSI is at 30.67, indicating that the pair is approaching oversold conditions. The price is...
AUDUSD Analysis The AUD/USD pair has broken out of the downtrend after a long period of decline. Recently, the price tested the critical resistance at 0.6450 and formed a bullish angle. This suggests that the uptrend is slowing down and a reversal...
USD/JPY Price Movement Update The USDJPY currency pair in the last few weeks, it can be seen that the candlestick movement continues to experience price movements with a bearish trend direction. Indeed, on several occasions, the price movement...
USDCAD Weekly Forecast Current Market Situation The USDCAD currency pair is currently in a correction phase after reaching a multi-year high of 1.4700. Analyzing the weekly chart, the price dropped to 1.4221, testing a major support level before the...
