USDCAD meets the long -term trend line of support near 1.3810 Technical indicators reflect the alleviation of sales interest The decisive step above EMA needed to move Outlook USDCAD_25_04 USDCAD has seen a limited movement throughout the week and...
Market Fundamentals: Bitcoin and other risk assets are currently undergoing a phase of temporary consolidation, primarily driven by the appreciation of the US dollar. This trend is evident in the recent downturn across the US stock market, signaling...
Technical analysts primarily use price charts to visualize and interpret historical price movements. The most common types of charts are line charts, bar charts, and candlestick charts.Support and Resistance: Traders identify support levels (where...
GBPCHF Pair Analysis – Saturday, April 26, 2025 Market Indication: Bullish Good afternoon, The ongoing effort to push the GBPCHF currency pair higher indicates a strong bullish trend driven by buyers. The next target level appears to be around...
Currently, based on the four-hour timeframe analysis, northern traders are attempting to utilize a specific technical level to activate a reversal and break the prevailing downward trend. The chart indicates that the price has recently rebounded...