The British Pound (GBP) is currently trading sideways against the US Dollar (USD) in the Asian session. This comes after a bounce earlier this week from a multi-day low near 1.26. The GBP/USD has been stuck in a familiar range for the past two...
USD/JPY ANALYSIS. Since the primary cause of the growth, such as the difference in interest rates between the Bank of Japan and the US Federal Reserve, remains and will continue for some time, I only count on corrections. I travel day by day. Here,...
Unlocking Profit Potential in USD/ CAD I am currently analyzing the price action of the USD/CAD currency pair. There are two scenarios: ascend significantly or decline deeply to the bearish direction, approximately 750-800 points from our current...
The current price being below the Moving Average (MA) validates our assumption regarding market trends. The Moving Average Convergence Divergence (MACD) indicator, however, does not yet signal a sell for this currency pair. We are patiently awaiting...
USD/CAD The support and resistance levels within the designated D1 timeframe. Currently, the USD/CAD price is attempting to maintain its support level between 1.2527 and 1.3513. This range has seen significant price fluctuations in a short...