The CAD managed to hold below the 1.4450 level through the close, maintaining the potential for a 1.4460 double-top formation on the charts. If this pattern plays out, it could drive the USD/CAD pair lower toward the 1.4321 zone in the coming...
Technical analysis 01 March 2025 GBP/USD H-4 Based on the results of the past trading week, we see that the US dollar has once again taken control of the situation and is strengthening against all currencies, breaking the trends that existed...
Gold Daily Forecast Gold (XAU/USD) is in a broad uptrend, forming a series of highs and lows. The price recently rose to the 2940 level and then faced strong selling pressure. The current downtrend suggests that the market is in a correction after...
Currency pair AUDUSD - chart D1. After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only needed to detect...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is rising, and the price has formed an ascending channel. The price of the market is quite respectful of this channel, so the price goes up. Market prices...