GBP/CAD NEWS The GBPCAD pair which is currently in a bullish trend seems to be experiencing a downward correction phase. The downward price correction can go to FR 50 - 1.7633 or FR 61.8 - 1.7579 which means it is below SMA 200. If during the...
USD/CAD Forum Analysis, Forecast August 31, 2024 This morning's technical data, I will monitor market movements on a smaller chart using the H4 timeframe. It is very clear that this week the candlestick is still moving below the Simple Moving...
Let's analyze the currency pair GBP/USD daily time frame chart. The currency pair's price began trading this month within a buying pattern, receiving support from the monthly pivot level of 1.3130. During this period, it rose and broke the...
The EUR/USD 4-hour chart presents a notable bullish trend, especially from mid-July to early August, where the pair experienced a strong upward movement from the 1.08000 level to the 1.12000 level. However, this upward momentum has recently faced...
USD CAD Forum Analysis, Forecast After seeing the price movement that occurred in the USDCAD currency pair in the daily timeframe in the last week's trading session where the trend was more dominated by the influence of sellers. This condition can...