Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
USD/JPY Market Analysis Greetings and Good Morning guys! Yesterday, the USD/JPY market successfully crossed the significant 156.00 zone, marking a clear upward trend. This bullish movement was largely influenced by incoming news events related to...
Gold’s price action on the four-hour chart reflects a strong uptrend, with consistently higher highs and higher lows. However, after reaching a peak near the 2743 level, the price appears to be experiencing a temporary pullback, likely due to...
Technical analysis of the EURUSD pair The technical analysis on the 4-hour chart shows the beginning of a new downward wave for the pair as the price is now trying to break a strong support area. During this week, the pair price is trading in an...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold remains firmly entrenched as a safe-haven asset amid ongoing global uncertainties. Here's a detailed breakdown of the current market drivers and key technical levels for gold. Fundamental Analysis: Gold...
