EUR/ USD: Charting the Path Forward We are currently assessing the live analysis of the EUR/ USD currency pair's pricing movements. The quote is not just smoothly but confidently declining within the descending channel and bearish trend on the...
USD/CAD Price Action: What’s Driving Movement Today(February 19,2025)? Canadian Dollar Strengthened by Oil Prices A major factor keeping the Canadian dollar (CAD) resilient against the U.S. dollar today is oil prices. As a significant oil exporter,...
Currently, I observe that the currency pair is exhibiting a lack of significant movement, as highlighted by the sideways trend on the H4 timeframe. This consolidation phase is clearly marked by a rectangle on the chart, indicating a period of...
Market Analysis: NZDJPY Date: February 19, 2025 The outlook for the New Zealand Dollar (NZD) against the Japanese Yen (JPY) suggests a potential weakening of the NZD following the Reserve Bank of New Zealand's (RBNZ) recent announcement regarding...
It seems like there is an attempt to go up and reach the level of the current local maximum at 1.05326, without a thorough breakout and consolidation behind it, nothing special will shine for buyers. The entire growth can be easily leveled, and...
