The GBP/JPY pair continues to exhibit structural weakness, with a strong probability of further declines ranging between 110 and 160 pips, provided that the price remains capped below the critical resistance level of 191.28. This resistance level...
GBP/CAD Pair Technical Analysis and Trading Strategy Market Overview Analyzing the current market conditions for the GBP/CAD currency pair, it is evident that the bullish sentiment is dominating. The price has successfully broken through the 1.7992...
The USD/JPY pair has experienced a significant downturn, breaking below a long-term bullish trend line and the crucial 153.65 support level. This breach, coupled with the downward trajectory of the 20-day and 50-day simple moving averages (SMAs),...
USD/CAD Price Test Insights The current market volatility and the directional trend movement in USD/CAD are not attractive for trading. Historically, I have been looking at this pair mainly for selling opportunities. However, with the previous...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price fell below the 0.6294 resistance and rebounded after reaching the 0.6223 support. If the market fails to break above this support, the price is likely to...
