USD/CAD: In the scenario for the USD/CAD currency pair, we observe a potential initial ascent to the level of 1.37524. This forecasted rise suggests that the market might experience bullish momentum, driving the price up to this specific level. Such...
The GBP/USD currency pair, often referred to as "Cable," is currently trading around the 1.2724 mark. The market sentiment has been predominantly bearish, which means that traders have been expecting the value of the British pound to decrease...
This Friday, the USDJPY market will again face the psychological resistance level of 157.00. It will determine the next more probable direction of price in the market. If the level breaks then the bulls will be empowered to push higher. If it fails,...
Pair AUDUSD from the H1 timeframe chart, this currency pair is moving strongly downwards, almost touching the level of support three at a price of 0.6562. The trend remains distinctly bearish, with the price far below the 50-period MA line. I...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good Morning. I'll be writing an essay today regarding how prices are behaving right now on the XAU/USD market. XAU/USD is trading at 2292.96 at the time of writing. The USD index is testing the...