The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
THE CURRENCY PAIR AUD-CAD we are standing still. The wave structure is building its order downwards; the MACD indicator is decreasing in the lower sales zone and below its signal line. Earlier, the main large ascending line was broken downwards....
•••USD/CAD Update(January 15,2025): A Tug-of-War Between Strength and Uncertainty••• ••U.S. Dollar Holds Firm, Canadian Dollar Faces Pressure • As of January 15, 2025, the USD/CAD exchange rate is hovering around 1.4370. The U.S. dollar continues to...
I will explain the current price movements in the NZD/USD market. From a technical perspective, NZD/USD is trading at 0.5575 at the time of writing. In the long term, NZD/USD is currently bearish, while at the beginning of the month the price showed...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
