Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The GBP/JPY margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
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...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
GBP/USD Technical Analysis: GBP/USD has been holding steady around 1.28, with key resistance at 1.2850 and strong support at 1.2700. If it manages to break above 1.2850, I expect a move toward 1.2900 next week. On the flip side, if it drops below...
GBPCAD Analysis The daily chart of the GBPCAD currency pair shows a strong uptrend. The price action is consistently forming highs and lows within a well-defined uptrend channel. The currency pair has recently broken through the upper boundary of...