Technical analysis of GBPCAD Now I will do a market analysis on the GBP/CAD pair. GBPCAD is the leading currency pair in the foreign exchange market. I am looking at the GBPCAD h1 timeframe chart. The market is currently in between support and...
The GBP/JPY currency pair has exhibited notable volatility, influenced by a confluence of economic data and political developments. Initially, a surge to approximately 190.70 was observed during early European trading on Friday, primarily fueled by...
Bullish and Bearish Rectangle Chart Patterns Bullish and bearish rectangle patterns are continuation patterns in technical analysis that indicate a period of consolidation before the price continues in its original direction. These patterns occur...
USD/CHF Technical Analysis: USD/CHF has been consolidating around 0.8800, with resistance at 0.8850 and strong support near 0.8750. The 50-day EMA is holding as dynamic support, while the 200-day EMA sits around 0.8900, a key breakout level to...
Pipe Top and Pipe Bottom Candlestick Chart Patterns The Pipe Top and Pipe Bottom are rare but significant candlestick chart patterns used in technical analysis to signal potential market reversals. These patterns resemble a pair of parallel pipes...
