The chart represents the GBP/NZD currency pair on an hourly timeframe. The price action shows a clear uptrend, with prices making higher highs and higher lows over time. Bollinger Bands are applied to the chart, showing periods of expansion and...
This week has seen no significant changes in the market. The prevailing trend continues to favor a downward movement, as indicated by the recent performance of currency pair quotes. Notably, the quotes have dipped below the psychological level of...
GBPJPY Daily Forecast The daily chart of the GBP/JPY pair presents an interesting technical picture that reflects the transition from a long-term decline to a potential decline. First, the pair is trading within a downtrend channel characterized by...
Analysis of GBP/USD In the past week, the GBP/USD currency pair has experienced significant upward pressure from buyers. This extreme buying pressure has resulted in the formation of a weekly candle that is notably long, far exceeding the typical...
USDJPY currency pair - D1 period chart. The price was falling for the main part of the last week because weakening the US dollar was going on in the market, especially the euro and the pound grew almost vertically. The ascending wave structure can...
