Monitoring and analysis of the trading situation for the Euro/Canadian Dollar currency pair. The analyzed timeframe is 4 hours. The Extended Regression StopAndReverse linear regression indicator, in combination with confirmatory readings of the RSI...
THE CURRENCY PAIR USD-CAD At the time of writing this post, the USDCAD currency pair, on the H1 chart, is flat and at 1.38321. The Instaforex indicator, which is on this forum, in the first part shows a slight advantage for buyers, in the range of...
USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
However, traders are waiting for the levels where the yen pairs are likely to bounce down after this upward wave. Yet, on the 4-hour chart, the pair's price is indicating a new upward target, which is the weekly resistance level of 206.64. This...
EUR/ JPY /D1 The EurJpy pair I monitor is running on the bearish side since the beginning of July until it can go down far. The downward trend can still be continued until this week and the price slowly seems to be moving towards the bearish side....
