Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
AUD/USD Price Reaction The AUD/USD hourly chart shows a significant uptrend over the past few sessions, with the price currently trading at 0.6291. After hitting a recent high near 0.6340, the pair has entered a corrective phase, indicating a...
The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI expected to ease to 2.5% Investors are keeping a closer eye on the third-quarter inflation report,...
USD/JPY Daily Time Chart Analysis The USD/JPY pair posted a small decline today, moving away from the key 158 level. The dollar performed poorly in the first full trading session of the new year, but yen bulls were looking to recoup some of the...
EUR/USD H1 As of January 28, 2025, the EUR/USD currency pair is experiencing a neutral technical outlook. The current exchange rate is approximately 1.04343 USD per EUR, reflecting a 0.41% decrease over the past 24 hours. Technical...
