Strong Analysis: USDCAD – Key Support Holds, Breakout Brewing On the H1 chart, USDCAD is trading near 1.40376, a critical level that has acted as both support and resistance over the past month. Price recently bounced from this zone, suggesting...
USDJPY H2 Technical Analysis: Range Bound Between Key Supply and Demand. USDJPY is trading at 162.144 on the 2-hour chart and the pair is stuck in consolidation between two major grey zones. The H2 timeframe shows no clear trend right now — price...
AUDUSD 1-Hour Analysis: AUD/USD is currently trading at 0.70034, declining beneath the Ichimoku cloud. After testing the Tenken-Sen level at 0.69384 and the Kijun-Sen level at 0.70684, the markets predict that the price could rise to 0.69534. The...
#USDX Timeframe H4: Based on the US Dollar Index (USDX) chart on the H4 timeframe, conditions indicate that the dollar index remains in a medium-term bullish structure, despite experiencing a significant correction in the last few sessions. The...
EURUSD Price Movement Analysis: The analysis of the price movement of the EUR/USD currency pair will be the main topic of our discussion. I want to look for any indications in the half-hour period after looking at the daily chart of the euro/dollar...
