In a decisive show of market tenacity, GBPJPY refused to break below the bottom of the rising price channel on the 4-hour chart. As a result, current operations have been confined to a trading range of 187.30...
In recent trading sessions, EURGBP has furthered its downward movement, plunging from 0.8714 to a new low at 0.8546 which notably breaks below the 0.8548 support level. Judging by the current trend, we could expect to see...
In the wake of a rising trend line support on the 4-hour chart, the USDJPY pair managed to rebound from the 146.97 low and is now staring down the 148.80 resistance. As the pair sustains its position...
In an unexpected turn of events, GBPUSD has broken below the 1.2660 support level, implying that its previous uptrend from 1.2596, which peaked at 1.2747, has already concluded. The ongoing descent from 1.2747 is viewed as a...
EURUSD has amplified its downward shift from 1.1139, dipping as low as 1.0821. Following a brief consolidation, the possibility of further decline still stands with the next target identified at 1.0780, and if momentum persists, we could...
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In a striking move, EURCAD has broken below the 1.4625 support level, signifying that its climb from 1.4548, which culminated at 1.4726, has now wound up. Looking forward, in the days to come, we could likely see...
In recent movements, GBPUSD has managed to extend its climb from 1.2596 to an impressive high of 1.2732. The rise doesn’t seem to be stopping here, as further ascension is a possibility in the upcoming days. Subsequently,...
The EURUSD pair tested but couldn’t break the 1.0910 resistance, leading it to remain within the trading range of 1.0844 and 1.0910. As long as the pair struggles to break past the 1.0910 resistance, the price action...
