EUR/USD D1 chart Despite this uptick, the Euro has faced challenges in its recovery efforts. This is surprising given the recent Eurozone preliminary Harmonized Index of Consumer Prices (HICP) data for July, which showed an unexpected rise to 2.6%....
USD/CAD H4 chart The business pair USD/CAD is currently trading near 1.3508, showing a defensive stance in Monday’s Asian session. The primary factors influencing this pair are the recent dovish comments by Federal Reserve Chair Jerome Powell at...
Trade by RSI indicator The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of...
NZD/USD H4 chart Today, I’m providing an analytical review of the NZD/USD currency pair based on the H1 chart. Currently, the trading instrument is positioned at 0.5920. During the Asian trading session today, the pair encountered resistance at...
Let's analyze the currency pair chart USD/CAD at 4-hour time frame. The USD/CAD currency pair is currently in a consolidation phase and appears poised to maintain this pattern on Monday. The pair recently tested the 1.3511 resistance level but is...