The USD/CAD currency pair was influenced by several key factors. The U.S. dollar faced downward pressure due to mixed economic data, including weaker-than-expected GDP growth and softer consumer confidence. Additionally, comments from Federal...
Crude Oil (#CL) Technical Analysis Crude oil has been under significant bearish pressure since the end of July, consistently trading below the crucial moving averages: EMA50, EMA100, and EMA200. This trend highlights a strong downward momentum...
EUR/NZD (Euro To New Zealand Dollar) The GBPCAD pair which is currently in a bullish trend seems to be experiencing a downward correction phase. The downward price correction can go to FR 50 - 1.7633 or FR 61.8 - 1.7579 which means it is below SMA...
The USD/CHF currency pair's price movement is currently debatable. After a significant drop on Friday, the pair may continue declining towards the daily support level of 0.8447. The market's reaction at this point will become clear as trading...
BITCOIN TECHNICAL ANALYSIS: Current Trend and Chart Patterns: Bitcoin is currently trading below a descending trendline, established by connecting multiple swing highs from early June to mid-August. This trendline signals a bearish market...