EURUSD D1 The EURUSD pair has been on a rollercoaster ride this week, bouncing around but unable to decisively break through the key resistance level of 1.0900. This week promises to be data-heavy, with several economic releases from both the...
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,...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello, I hope you guys are doing well. This morning I will try to re-analyze the movement of the USD/CAD market. USD/CAD is trading at 1.3762 at the time of writing. At this time, USD/CAD is...
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...
The test of the 156.56 price level occurred when the MACD indicator had moved significantly upward from the zero mark, limiting the pair's further upward potential. For this reason, I did not buy. Since this happened towards the end of the American...