The USD/CAD H4 chart exhibits a clear bullish trend, beginning from the 1.3410 level and rising steadily to the current range near 1.4330-1.4350. The 50-period simple moving average (red line) acts as dynamic support, guiding the price upward and...
The CADJPY's breakout from the wedge pattern on the 1-hour timeframe signifies a critical shift in market dynamics, pointing to the potential dominance of bearish momentum in the near future. This breakout represents more than just a technical...
Gold prices surged on Friday, erasing earlier bearish signals and surpassing the previous all-time high of $2,790 per ounce set on October 31st. This decisive move indicates strong bullish momentum and positions gold for its fourth consecutive week...
The technical outlook for NZD/USD suggests an encouraging potential for upward movement, supported by key levels and a combination of technical indicators. With the price poised to rise between 28-41 pips, the pivotal support level at 0.5693 plays a...
The breakout from the wedge pattern on CADJPY's 1-hour timeframe represents a pivotal moment, signaling a shift towards bearish control over the market. This movement disrupts the previous structure, where buyers and sellers were relatively...
