The GBP/CAD hourly chart displays a recent bearish movement following a prolonged uptrend. The price has experienced a decline from recent highs of around 1.79 to the current level of 1.7711. Bollinger Bands indicate a contraction phase after a...
The EUR/ GBP currency brace is facing patient downcast pressure, with the price action indicating a implicit decline of 30 to 44 pips in the coming sessions. The request’s incapability to break above the 0.8345 resistance position reinforces the...
EUR/ USD Price Overlook The EURUSD market pair traded last Friday is back in the selling pressure rate carried out by the seller after successfully repelling the buying pressure rate of the buyer by dampening it in the seller's resistance area at a...
USDCAD Daily Time Chart Analysis The daily chart of the USD/CAD pair shows a dominant bullish pattern with higher highs and higher lows, indicating that the uptrend is likely to continue. The pair has recently seen a sharp decline after rising near...
Today's Analysis: EUR/GBP Bearish Sentiment Within a Falling Wedge Current Market Overview The EUR/GBP currency pair has been exhibiting a bearish trend, which is currently encapsulated within a falling wedge pattern, illustrated in blue. This...