Technical Analysis of GBP/USD The GBP/USD pair is currently trading at 1.26010, reflecting a cautious market sentiment as it hovers near key technical levels. The pair is positioned between the immediate support at 1.25938 and the resistance level...
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USDJPY currency pair - the week has passed the middle and let’s look at the D1 period chart again. The wave structure still has an ascending character of construction, but the MACD indicator is in the lower sales zone and below its signal line. Here...
The GBP/USD currency pair on the H4 chart has shown a mixed performance this week. I observed that the week began with some upward momentum, but this growth quickly faded, leaving the pound seemingly stuck in place. While the EUR/USD pair...
Range-Bound Movement The USD/CAD currency pair has been exhibiting range-bound movement on the H4 time frame for an extended period, oscillating between the levels of 1.4149 and 1.4243. Price action has repeatedly respected both boundaries of this...
