I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
Technical analysis. AUD/USD D-1 Hello, colleagues. Today there is a southward movement for the pair at the moment. On the daily chart, there has been a sideways movement for the pair lately. I wonder if the sideways movement will continue or if we...
Scott Bessent, President Donald Trump's nominee for Treasury Secretary, recently highlighted the importance of maintaining the US Dollar as the world's reserve currency to ensure the nation’s economic stability and long-term prosperity. Bessent...
GBP/USD Technical Analysis and Forecast The GBP/USD market is currently exhibiting a bearish trend. It recently fell to 1.29199 before starting a recovery. The GBP/USD market trades around 1.29361, indicating a slight recovery. The US dollar is...
For the attention of traders and analysts, I present my analysis of the daily chart for the NZD/USD currency pair. Over the past two months, I have observed that the instrument has been forming a predictable upward trend, which provides a clear...
