GBP/ USD: The Art of Price Action Analysis Our current focus is evaluating the GBP/ USD currency pair's price action. Unexpectedly, there was a significant downward correction in the pound, but on Monday, I anticipate the rate will resume its upward...
The USD/CAD currency pair is currently navigating a complex trading environment with key resistance and support levels influencing its movement. As of now, the price is oscillating around a significant resistance level at 1.3400, which has proven to...
USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...
Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict a long-term trend analysis of a currency pair, likely showing a descending triangle pattern, which is typically a bearish continuation pattern. Key observations...
THE CURRENCY PAIR AUD-CAD propose to consider the weekly hourly period for the AUDCAD currency pair, because in this picture it is more clear and understandable what is happening in reality now on our chart. We see that the last weekly candle drew...