GBPCAD Analysis The daily chart of the GBPCAD currency pair shows a strong uptrend. The price action is consistently forming highs and lows within a well-defined uptrend channel. The currency pair has recently broken through the upper boundary of...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
USDCAD Market Analysis: Bullish Outlook H4 Timeframe Analysis In the H4 timeframe, the USDCAD market has shown a significant bullish momentum, successfully breaking through the middle band price area. This upward movement is further supported by a...
NZD/USD Outlook Greetings and Good Morning, guys! On Friday, we saw a bullish scenario on NZD/USD in which the market had crossed the 0.5706 zone successfully. This breakout signaled strong buying momentum, indicating a shift in market sentiment...
Analysis of GBP/USD In the past week, the GBP/USD currency pair has experienced significant upward pressure from buyers. This extreme buying pressure has resulted in the formation of a weekly candle that is notably long, far exceeding the typical...