Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an upward trend,...
The EUR/JPY currency pair remains stuck around the 168.00 level, trading sideways with a slight downward drift. Any potential bounce appears to hinge on the 20-day simple moving average (SMA) acting as support. Adding to the cautious market...
Weekly Analysis Of GBP/USD Pair: Trends and Predictions Today is Saturday, and the market is completely off. This gives us an opportunity to review the GBP/USD pair price movements from the past week and to discuss what might happen in the coming...
The Euro (EUR) to British Pound (GBP) exchange rate has been on a rollercoaster ride lately. After dipping to a new low of 0.8398 on June 14th, the pair has shown signs of a downtrend in the mid-term. However, there might be a short-term pullback...
The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...