On the euro's daily chart, yesterday's price movement leaned bearish, with the candlestick forming within a narrow triangle. Given this setup, I have maintained a neutral stance on the pair while closely monitoring technical indicator data for...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. GBP/CAD market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
Currency pair EURUSD - let’s look at the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone, but is about to move upwards. This suggests...
USD/JPY Daily Time Chart Analysis The USD/JPY pair posted a small decline today, moving away from the key 158 level. The dollar performed poorly in the first full trading session of the new year, but yen bulls were looking to recoup some of the...
Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
