THE CURRENCY PAIR USD-CAD At the time of writing this post, the USDCAD currency pair, on the H1 chart, is flat and at 1.38321. The Instaforex indicator, which is on this forum, in the first part shows a slight advantage for buyers, in the range of...
### Analysis of USD/JPY Hello, colleague! It’s true that the current market behavior of USD/JPY seems quite perplexing. It reflects a broader uncertainty affecting multiple currency pairs. Let's delve into the current state of USD/JPY, especially...
Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...
NZD/USD ANALYSIS: Next week, the outlook for NZD/USD suggests a further decline towards the range of 0.5850-0.5825 in futures prices. This drop is anticipated as the pair seeks to test the accumulation of volumes in this area. The accumulation of...
GBPCAD TRADING ANALYSIS The GBPCAD pair price during this week tends to move sideways/ranging because the price fluctuates between the pivot point (PP) 1.7743 and the resistance (R1) 1.7802. There is no significant progress for the price to...