USD/CAD ANALYSIS UPDATES 27 JULY 2024 Observing the USDCAD pair, it seems that the consecutive upward rally for several weeks has reached the supply area of 1.3898 - 1.3837. Most likely there will be a downward correction phase towards the...
USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
Currently, the price is between 1.0986 and 1.0806, indicating the need for consolidation and clearing the path. On the H4 timeframe, the significant support level is at 1.0986, while the resistance level is at 1.0806. Traders should look for entry...
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...
The NZD/USD currency pair is currently facing a resistance range at 0.5930, which also serves as an important profit-taking level. Traders should watch this range closely as it indicates where the price might encounter selling pressure, making it a...