Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price fell below the resistance of 1.8087 and rebounded after touching the support of 1.7961. If the market fails to break this support, the price could move...
The USD/CHF pair presents a complex technical picture, with southern divergence on the Stochastic indicator creating some uncertainty despite a signal favoring growth due to the gap. Notably, three peaks have formed, with a divergence already...
The GBP/USD pair has come under renewed selling pressure, as concerns over the weakening U.K. economic outlook weigh heavily on the British pound. Recent data releases have painted a dismal picture of the U.K. economy, with slowing GDP growth,...
On the daily timeframe, the bearish trend appears to be counterbalanced by buyers, resulting in a stronger upward movement, driving the price toward 1.3560. During last night's trading session, it was evident that buyers had pushed the price higher,...
EURJPY currency pair - let’s look at the D1 period chart today. The price was moving sideways throughout January, of course there were movements, but by the standards of the daily period they were not large. The wave structure is neutral. The MACD...
