Technical Analysis of the USDCAD Pair The technical analysis of the pair on the 1-hour chart shows that the bearish trend has dominated the price over the past two trading days. Today's trading began within the price channels shown on the chart....
Forecast of USDJPY A few hours ago, the USDJPY tested the oversold level on the H4 time frame chart, which caused the price to slightly rise in the last candle but alerted buyers that the market was poised to jump. I can see that the price is rising...
The EUR/USD pair trades beneath resistance at 1.1329, suggesting persistent weakness as sellers dominate amid fading eurozone confidence and dollar resilience. RSI levels stay under fifty, highlighting declining bullish momentum as sellers gather...
The EUR/USD H1 chart shows a clear bullish trend that began gaining momentum around April 9th after a period of consolidation. Throughout the last days of March and the first week of April, the pair was trading sideways in a relatively narrow range,...
The chart above illustrates the price movement of EUR/USD on the H1 timeframe. Despite the current price levels of EUR/USD being relatively high, seller sentiment remains robust, driving the price even higher. Regrettably, I missed the opportunity...
