The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
The GBP/USD pair extended its decline for a third consecutive session on Monday, starting the new trading week with a notable drop below the 1.2400 level, representing a loss of roughly 0.3%. This downward movement reflects a combination of factors,...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello, today I picked EUR/USD for technical analysis and we will analyze the price action of EUR/USD for today. EUR/USD is trading at 1.0301 at the time of writing. According to the indicator’s...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Dear Sir or Madam, I would like to update my technical analysis of GBP/USD. I will consider the outlook for price action in the GBP/USD market. GBP/USD is currently moving at 1.2356. According to...
I begin my analysis of the USD/JPY currency pair by focusing on its recent price action, particularly its interaction with key resistance and support levels. I observe that the pair initially rose strongly, reaching its target near 152.60 before...
