THE CURRENCY PAIR USD-CAD D1 period chart - USDCAD currency pair. The wave structure here, as before, is still built in an ascending order; the MACD indicator is growing in the upper purchase zone and above its signal line. There is no joy for the...
The EUR USD on the 4-hour chart is currently in a crucial support area, which requires close attention. Two potential scenarios may unfold - the price may either bounce back or break through the support level. This situation demands additional...
TRADING CHART ON GBP/USD H1. The GBP/USD H1 chart demonstrates a consolidative phase following a notable downtrend, with the price currently hovering around 1.27484. The 200-period moving average (red line) is a critical level that the pair has...
Technical analysis of EURGBP Today I picked EUR/GBP for technical analysis and the market price fell one level and is now closer to the trend line, which is helping to push the price higher. After breaking the market price support at 0.6350, the...
Broader economic trends remain pivotal in shaping the trajectory of the pair, with monetary policy decisions from the Federal Reserve (Fed) and the Bank of Canada (BoC) taking center stage. Any dovish stance by the Fed or hawkish signals from the...
