GBP/CAD 4H Chart: Sets For Breakout
The British Pound has been depreciating against the Canadian Dollar since the beginning of February after the currency...
GBP/USD Struggling Ahead Of UK Jobs Report
Key Highlights GBP/USD recovered above 1.3000, but it is struggling to clear the 1.3050-1.3060 resistance. A key bearish...
Yen Remains Weak
On Monday, February 17th, USDJPY is slowly growing and trading close to 109.84. The Yen has been weak...
EURUSD Cautiously Bearish, Forms Inverted Hammer
EURUSD appears to have slowed slightly – with the development of an inverted hammer pattern – ahead of...
EURCAD Breaks Sideways Pattern to the Downside
EURCAD broke to the downside the medium-term sideways range that had been confining the price action in recent...
AUDCHF Remains Bearish Despite Reversal Off All-Time-Low
AUDCHF is currently flirting with the flat blue Kijun-sen line around 0.6586, following a pullback off the all-time...
AUD/USD Outlook: Break Below 10DMA Would Signal End Of Recovery Phase And Reversal
The Australian dollar fell in European session on Friday, maintaining negative near-term tone, following repeated recovery rejection at...
EUR/USD Declined To 1.0842
On Thursday, the EUR/USD currency pair declined to the weekly S2 at 1.0842. During today’s morning, the rate...
GBP/USD Breached Rising Wedge Pattern
Yesterday, the GBP/USD exchange rate jumped to the 1.3060 level. During Friday morning, the rate reversed south. It...
USD/JPY Tests Resistance
Yesterday, the USD/JPY currency pair tried to surpass the resistance formed by the 55– and 100-hour SMAs in...
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