THE CURRENCY PAIR EUR-CAD The situation on the EURCAD market. Using the data obtained from the Fibonacci grid, the market quote of 1.48817 falls into the range between the Fibonacci levels of 100 (1.49099) and 50 (1.48726). To understand the...
The Australian dollar (AUD) managed to recover against the US dollar (USD) on Thursday, snapping a two-day losing streak. This modest recovery came despite mixed domestic employment data. While the jobs figures beat expectations, the unemployment...
Today the price of USDCHF fell sharply, but after reaching the price of 0.8900 it rose again with a lot of momentum and I think that the increase will cross the resistance level that was in the price of 0.8950, but in fact. there was a rebound. With...
The continued strengthening of the US dollar currency outlook puts pressure on the AUD USD pair. This can be seen from the price action which is still bearish despite the uptrend. The ongoing upward correction phase was only able to touch the 200...
I have changed my mind on the direction of the USD/JPY market. I was initially expecting a decline, but now I see upside potential, so I am betting on a move higher. The 152.57 level on the daily chart is currently acting as a barrier to the upside,...
