Technical analysis of USDCAD Today I choose USD/CAD for technical analysis. The market price fell below the resistance of 1.3898 and rebounded after touching the support of 1.3845. If the market fails to break this support, the price could move...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY is trading between minor resistance at 192.61 and support at 189.99. The market price highly respects this resistance and support level, after which the price...
USD/JPY: Simple business tips for beginners - April 25 (US session) Trade analysis and instructions for Japanese Yeny The price test at 143.49 was just when the MacD indicator began to move down from the zero line, confirming the valid entry point...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis; the market price is between 2.2408 resistance and 2.2191 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
In the USDCAD currency pair, the dynamics of commodity currencies and rate differentials are clearly visible. When the U.S. Federal Reserve maintains a hawkish stance, emphasizing rate hikes and tightening monetary policy, the U.S. dollar tends to...