The USD/CAD pair experienced an upward movement during Friday's European session, reaching the critical resistance level of 1.4200. This increase followed a recovery from a three-day low of 1.4166, which was reached on Thursday. The pair's ascent...
BTCUSD(Bitcoin) BTCUSD(Bitcoin) outlook: The Bitcoin (BTC) market has been experiencing consolidation and volatility, trading within a range of $31,000 to $32,000 as of February 23, 2025. Bitcoin's price movements are primarily driven by broader...
The currency pair EUR/USD faced considerable resistance last Friday, finishing down by 0. 44% at approximately 1. 0450 after encountering resistance at the important 100day Simple Moving Average (SMA) close to 1. 0540. This reversal indicates a...
USD/JPY Looking at the USD/JPY, the technicals show strong bullish momentum. The pair has been climbing steadily from a low of 130.50 earlier this year and recently broke through resistance around 135.50, now testing levels near 137.50. Here are...
Gold prices are currently on the rise, with a target of reaching $3,000 per ounce. Last week, gold (XAU/USD) settled at $2,936.26, marking a gain of 1.87% and maintaining an upward trend for the eighth consecutive week. The metal reached a new...