EURCAD attempted to break above the upper border of the wedge pattern on its 4-hour chart but failed, pulling back from 1.4687. This suggests a potential downside move in the coming days, with the target being the...
GBPUSD is currently facing a resistance level at 1.2770. If the price manages to break above this level, it could trigger a further upside move towards the 1.2827 resistance level. A breakout above 1.2827 might lead to...
EURGBP has been in a downtrend, starting from 0.8714, and the downside move has extended to as low as 0.8600. This indicates the prevailing bearish momentum in the pair. Immediate resistance is identified at 0.8639. As long...
The GBPUSD currency pair attempted to break below the 1.2610 support level but failed and rebounded to 1.2770. This rebound suggests potential strength in the pair. A further rise to test the 1.2827 resistance level could be...
The EURUSD currency pair has experienced a continued downward move, reaching as low as 1.0876 from a previous high of 1.1139. This decline indicates the potential for further downside momentum. The next target for the pair is...
On the 4-hour chart, the EURCAD currency pair has formed a wedge pattern. This pattern is characterized by converging trendlines, indicating a period of consolidation and potential volatility ahead. A breakdown below the lower border of the...
The USDJPY currency pair has experienced a significant breakthrough, surpassing the key resistance level at 144.95. This breakout indicates that the previous downward movement from 151.90 has likely concluded at 140.25. The recent price action suggests the...
The GBPUSD currency pair has been trading sideways within a range bound by 1.2610 and 1.2827. This consolidation phase suggests a period of indecision in the market, with buyers and sellers closely balanced. Looking ahead, there is...
The EURUSD currency pair has made a significant breakthrough, surpassing the resistance level at 1.0965. This breakout suggests that the previous downward movement from 1.1139 has concluded at 1.0893. The recent price action indicates a potential upward...
GBP/USD continues to be governed by a falling trend line on the 4-hour chart, indicating its ongoing downtrend from the level of 1.2745. As long as the price remains below the trend line, any bounces observed from...
