The USDJPY market stands at the 149. 24 mark, signifying strong selling activity in the past week. A bearish trend is still observed, indicating that market feelings lean towards further declines. Price movements show ongoing selling pressure, with...
The GBP/JPY currency pair has exhibited notable volatility, influenced by a confluence of economic data and political developments. Initially, a surge to approximately 190.70 was observed during early European trading on Friday, primarily fueled by...
Technical analysis of GBPCAD Now I will do a market analysis on the GBP/CAD pair. GBPCAD is the leading currency pair in the foreign exchange market. I am looking at the GBPCAD h1 timeframe chart. The market is currently in between support and...
The New Zealand dollar (NZD) saw a continued decline when compared to the US dollar (USD) during the Asian trading session, maintaining a position close to the 0. 5760 mark, even after a gain of about 1% in the previous session. This downturn...
The GBPJPY pair has broken its sell structure on the H4 timeframe, signaling a potential retracement in the market. There is an order block area above that could act as resistance, and the price might rise to test this zone. On my chart, I've...