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 of EURJPY Today I will start technical analysis on EUR/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 161.13 and above...
The AUD/USD pair has experienced a sharp decline, sinking near 0.6280 during North American trading hours on Thursday. This drop is fueled by the US Dollar’s (USD) resurgence amid heightened global economic uncertainty, primarily stemming from...
GBP/USD The GBP/USD chart reveals an interesting trend in the currency pair, which is crucial for traders and analysts to consider. Currently, the pair is trading at 1.2952, showing a slight upward movement of +0.16% within the observed time frame....
Technical analysis 13 March 2025 AUD/USD D-1 Today I decided to insert an ascending channel into this price house and see what can be squeezed out of it, since the market does not show anything more interesting. The ascending channel support was...
