This order is based on the following analysis: Price action: The NZDCAD pair has been in a strong bearish trend since the beginning of July. The price has fallen below the 200-day moving average and is now trading at its lowest level in over a year. Technical analysis: The technical indicators are also bearish. The MACD is in a bearish crossover, and the RSI is...
The price of GBPJPY has been in a range-bound pattern since early July. The range has been between 180.00 and 183.50, with the price currently trading around 181.50. The price has been testing the upper end of the range several times, but has not been able to break through. **Technical Analysis** The technical indicators on the 4h chart are mixed. The MACD is in...
GBP/USD is currently trading at 1.2865. The pair has been in a bullish trend since early July, and has recently broken above the 1.3000 psychological level. The 200-day moving average is also sloping upwards, which is a bullish indicator. On the downside, the 1.2847 level is providing support. If this level is broken, then GBP/USD could fall to the 1.2700 level....
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