EURGBP breaks above resistance, signaling potential upside momentum
2023-12-12
The EURGBP broke higher today, surpassing a key resistance level. This suggests the possibility of further gains in the short term. However, the ECB and the BOE rate decisions on Thursday could impact the currency pair. Overall, the market expects the ECB to be more dovish, which could be bearish for EURGBP. Watch for short term clues around 0.85877.
GBPUSD finds support buyers near trend line. Can the sellers remain in control?
2023-12-08
GBPUSD moved lower after stronger-than-expected US jobs report, but found support buyers near trend line. Traders watching key technical levels for further direction.
BOC rate decision ahead: Technical barometers for USDCAD revealed in this video preview
2023-12-06
In this video, I take a look at the technical indicators to watch for in the USDCAD pair during the Bank of Canada interest rate decision. Discover key levels that could impact price action and potential trends.
USDCAD steps below key levels, bearish momentum builds
2023-12-05
The USDCAD moved higher before sellers took control, testing key resistance levels. Breaking below key support levels could signal a downward trend and a short-term high.
USDJPY Technical Analysis
2023-12-05
Here’s a quick technical analysis USDJPY with some fundamental background.
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