Technical analysis of USDCAD Today I choose USD/CAD for technical analysis. The market price fell below the resistance of 1.3898 and rebounded after touching the support of 1.3845. If the market fails to break this support, the price could move...
The daily chart of CADJPY shows a continuous downtrend structure since the high near 117.00 at the end of February 2024. After the high, the pair continued to form lower highs and lows, forming a broad descending wedge pattern. A downward sloping...
The Japanese Yen (JPY) continues to weaken against the US Dollar (USD) as the European session opens on Friday, driving USD/JPY to a fresh two-week high near the 143.85 mark. The JPY remains under broad selling pressure amid improving risk sentiment...
Japan’s economic outlook is increasingly intertwined with global trade tensions and domestic policy nuance. Economy Minister Ryosei Akazawa recently underscored the importance of letting exchange rates reflect fundamental economic conditions while...
GBP/USD 26 April 26 April 2025 The wave pattern on the GBP/USD graph also turned into a bull, impulsive structure - "thanks" Donald Trump. The wave image is very similar to the image of the EUR/USD. Until February 28, we observed the creation of a...
