I believe that if this move was purely profit-taking from earlier purchases, then on Monday, the price should quickly rise to 1.1100 as part of the trend resumption. I personally expect growth to continue due to the ongoing weakening of the dollar,...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello, I prefer XAU/USD for technical analysis. XAU/USD is trading at 2994.80 at the time of writing. Significant resistance is likely to be found in this area. Meanwhile, the price chart remains in...
ANALYSIS OF USD/CAD PAIR. On the 30-minute timeframe of the USDCAD chart, we observe a substantial recovery following a steep downtrend that took the price from around 1.4380 down to the 1.4015 level. This sharp decline was characterized by...
USD/JPY Analysis: A Technical Perspective The USD/JPY currency pair shows significant activity on the 4-hour chart. Currently, the pair is trading at 147.549, with a slight downward movement of 0.23%. This reflects a short-term bearish sentiment,...
USD-JPY PAIR FORECAST Trading in the USD-JPY market pair that was transacted on Monday was again maintained by the buyer who managed to dampen the bearish efforts of the seller by holding it in the buyer support area at a price of 145.19-145.20...
