The GBP/CAD currency pair has shown a recent upward trend on the daily chart, and today is no exception as it's also moving northward. I'm interested in analyzing how the pair might behave in the near future, whether the upward trajectory will...
The Australian dollar initially experienced a decrease, only to recover and show some recovery signs. However, compared to other important currencies, the Australian remains the weakest, and this relative fragility means that it often attracts less...
Look for a series of higher highs and lower lows on the price chart.Connect the peaks and troughs with trendlines to form the megaphone pattern.Confirm the pattern by observing other technical indicators or chart patterns.Look for increasing volume...
USD/JPY The USD/JPY H4 chart reflects a pronounced bearish trend, with price action moving consistently lower after being rejected near the 150.95 resistance zone. This level aligns with the 200-period moving average, reinforcing its significance as...
GBP/USD Technical and Fundamental Analysis Market Structure and Price Action On the H1 timeframe, GBP/USD is currently in an uptrend supported by a strong bullish market structure. The price is forming higher highs, confirming that the trend is...
