The Australian Dollar (AUD) weakened against the US Dollar (USD) for the second consecutive day on Tuesday, primarily driven by escalating trade tensions. The imposition of US tariffs on Mexico and Canada, coupled with planned tariffs on various...
USDCAD currency pair - D1 period chart. This week we continue to see, and last week the price rushed up and down as if stung. Formed such an expanding formation at the top of the movement, broke through the accumulation zone in both directions and...
On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
On the euro's daily chart, yesterday's price movement leaned bearish, with the candlestick forming within a narrow triangle. Given this setup, I have maintained a neutral stance on the pair while closely monitoring technical indicator data for...
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