The GBP/JPY currency pair staged a partial recovery on Tuesday, rebounding from recent losses to trade near the 193.80 level. While this suggests some renewed bullish momentum, technical indicators point towards a potential weakening of the uptrend....
Bitcoin's price action on the hourly chart shows a period of consolidation, with prices fluctuating within a defined range. After a recent dip, the price has recovered and is now hovering around the 102,666 level. The market appears to be testing a...
Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
USD/CHF Technical Analysis: The USD/CHF pair has been trading in a narrow range recently, which suggests some uncertainty in the markets. Looking at the 4-hour chart, I've noticed that there's a support level around 0.9150 and a resistance near...
WTI oil analysis West Texas Intermediate (WTI) has been stabilized and maintained around the critical 200 day exponential glide diameter (EMA). This technical level acts as an important support zone and the market seems to be ready for potential...