Technical analysis of the GBPUSD pair 1-hour chart For two previous trading days, the trend was down, and therefore trading was opened today within price channels with a downward trend. The price has moved in a sideways direction so far, and we...
Technical analysis of the USDCAD pair 4-hour chart The price of the pair began trading this week within the price triangle resulting from two channels, one bullish and the other bearish, representing the direction of price movement during the...
AUDUSD MARKET ANALYSIS On Friday (June 14), AUD/USD continued to fall by 0.35% last Friday, closing at 0.6614. The Australian dollar continued to be under pressure due to the general rise of the US dollar, but due to the emergence of bargain...
Greetings and Good morning to Everyone! We can observe a selling scenario on EUR/JPY today. Although there is no particular news event affecting the EUR/JPY market, we can still make informed decisions by following the market from a technical point...
The price test of 157.55 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell the dollar. As a result, the USD/JPY pair was down 50 pips. Last week's data and the Bank...