Have a great day everyone! I am observing the following situation on the EURUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
Market Analysis: US Dollar/Japanese Yen Pair Recent Price Movements The US dollar/Japanese yen pair has recently broken above a significant resistance level at 150.72, reaching an intermediate level of 151.30. However, sellers quickly regained...
USDCHF currency pair - let’s consider the D1 period chart. The wave structure that is building its order downwards and the MACD indicator that was falling in the lower sales zone and below its signal line are in favor of the sellers. Well, it can be...
USD/CAD USD/CAD Gains Some Support Near 1.4400 Amid US CPI BoC Policy Decision Key Analytics: The Canadian Dollar slipped 0.5% higher on Wednesday. The Bank of Canada delivered a broadly expected 25 bps rate cut. Trade war concerns continue to...
USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
