THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The currency pair is currently trading within a defined range, struggling to gain significant upward traction. While there have been some signs of stabilization after a recent dip, the pair continues to encounter strong resistance levels. This...
The bullish momentum enjoyed by the euro experienced a setback on Tuesday, pushing the EUR/USD pair below the 1.0500 level. This decline coincided with market anticipation for the Federal Reserve's final interest rate decision of 2024, scheduled for...
The GBP/USD currency pair extended its winning streak for the second consecutive day, reclaiming the 1.2700 level. This recovery marks a partial reversal of the previous week's losses, bringing the Sterling back to its recent medium-term trading...
The USD/CAD pair surged to fresh yearly highs following the Federal Reserve's decision to cut interest rates at its December meeting while simultaneously adopting a more hawkish monetary policy outlook for the coming year. At the time of writing,...
