USDCAD USDCAD outlook: The USDCAD pair has seen notable volatility recently, largely driven by the ongoing strength of the U.S. Dollar and fluctuating oil prices. As Canada's economy is highly linked to oil exports, any movements in crude oil...
Currency pair AUDUSD - let’s consider the chart of the D1 period. The first week of February trading passed; earlier, January passed, showing movements in various directions. There was a good upward correction which was preceded by a bullish...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
USD/JPY is currently at a crucial juncture, with 151.80 serving as a key pivot level that will determine the pair’s next major move. The formation of a support base at this level has allowed for temporary price stabilization, and if buyers maintain...
The GBP/USD H4 chart presented shows a strong downtrend over an extended period, with the price making lower highs and lower lows. The red moving average (likely a 50-period or 20-period MA) is acting as dynamic resistance, keeping the price below...
