GBP/USD Technical Analysis: GBP/USD is holding around 1.2600, but it’s struggling to break above 1.2650, which has been a tough resistance level. The 200-day SMA near 1.2550 is acting as a solid support, keeping the pair from dropping further. If...
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...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis, the market price has dropped a level and is now closer to the trendline, which is helping the price to move higher. After touching the market price resistance level at...
The USD/CHF H1 chart presents a clear bearish bias, with price action persistently testing lower levels. The pair is currently trading near its lower Bollinger Band, a sign of strong selling pressure and potentially oversold conditions. Bollinger...
The USD/CAD currency pair is currently retracing from its recent gains, trading near the 1.4180 level during the Asian session on Wednesday. Market sentiment appears to be mixed, with traders awaiting a clearer direction for the pair. Technical...
