Technical analysis of GBPCAD Today I will start technical analysis on GBP/CAD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance and above support. If the...
XAU-USD Technical Analysis!!! Looking at the gold chart on the H1 timeframe shows a clear change in market sentiment. Previously, gold price was in a strong bullish trend, where it was constantly printing higher highs and respecting key support...
USD/CAD Trend Direction Waves: The USDCAD currency pair is experiencing a strong upward trend, with the current trading value on the Ichimoku Cloud indicating significant momentum. The market is producing increasingly higher peaks and lower troughs,...
Technical analysis of USDCHF Today I chose USD/CHF for technical analysis. The market price is falling and the trendline that helped it fall has been broken. While earlier the market price was very much respecting this trend line, now the market...
On Friday, the EURUSD market pair continued to show a strong downward trend as buyers were unable to push the price upward due to significant resistance from sellers who reinforced the resistance level at 1. 04191. 0418. This led to a persistent...
