Technical Analysis of the EURJPY Pair The technical analysis of the pair on the 4-hour chart shows that the price is receiving support from the weekly pivot level of 164.44 and the lower triangle line. This week, the pair's price began trading...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The GBP/CAD margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis; the market price is between 2.2596 resistance and 2.2396 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
I'm currently grappling with significant doubts regarding the NZD/USD currency pair. The pressing question on my mind is whether the bears (sellers) will be able to produce any substantial movement or impact in this market. Given the recent price...
**USD/CAD remains under pressure ahead of Bank of Canada interest rate decision** The USD/CAD pair is facing increasing downward pressure as investors await the Bank of Canada (BoC) interest rate decision later today. The disappointment came after...