Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
Good day to all! Today, I am focusing exclusively on selling the USD/CHF currency pair based on the current market setup. I have observed that the last daily candle closed with an update of the Level of Interest (LOI), which reinforces my bearish...
The British pound experienced a brief but significant dip below the 1.3200 threshold against the US dollar on Thursday, marking a six-month low. This decline, however, was quickly followed by a resurgence as the US dollar broadly weakened, driven by...
I believe the EUR/USD pair’s current trajectory reflects a tug-of-war between short-term speculative forces and longer-term macroeconomic uncertainties. While the pair has shown resilience in bouncing off the support zone near 1.0960, I view the...
The GBP/USD pair’s recent upward movement to the 1.32 level appears largely speculative, driven by short-term momentum rather than fundamental strength. Thursday’s bullish close, marked by a significant green candle with an upper shadow, suggests...
