| The technical levels for the major currency pairs to start the new trading week |
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USDCAD has seen volatile up and down price action. The bias is more bullish above 100 hour MA
2024-01-05
The USDCAD has seen volatile up-and-down price action,. However, if there is a tilt, the tilt is to the upside above the 100-hour MA. There is work to do. THe price targets are at 1.3371. The 50% – which is near the high – comes in at 1.33971.
The USDJPYs rise is helping to push GBPJPY above a key technical target. What next?
2024-01-04
GBPJPY breaks key technical targets, benefiting from USDJPY’s rise and surpassing significant levels. Traders should respect the breakout, as staying above support levels would fuel further upward momentum.
GBPUSD revisits support levels, with bears gaining momentum.
2023-12-04
GBPUSD tests floor area, bearish bias intensifies as price falls below moving average and seeks to break key support levels
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