Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD maintains a bearish tone...
USDCAD Technical Analysis: The USDCAD pair continues to exhibit bullish momentum as traders assess the broader macroeconomic landscape and price action behavior on the 4-hour chart. Following a strong upward push, the pair is now trading within a...
The GOLD H1 chart presents a clear case of strong volatility in recent sessions, characterized by sharp movements in both directions. Initially, the price was moving within a range, respecting a descending trendline until it broke out around March...
GBPUSD Analysis The weekly chart of the GBP/USD pair reflects the price movement over time and highlights key structural trends as well as key support and resistance levels. Looking at the chart, the price was in a long-term uptrend after finding...
The daily chart of the CAD/JPY pair shows a long-term uptrend structure that has been ongoing since the beginning of 2020, with prices steadily rising from a low of 80.00 to a high above 121.00. The overall structure shows a clear ascending channel...
