Analyzed from the H1 timeframe, after successfully breaking through the closest resistance, USD/JPY immediately rose to 160.83. After this significant increase, USD/JPY may correct first. This morning, USD/JPY experienced a slight weakening and is...
The USD/CAD pair, which stands at 1.3684 currently, is exhibiting a bearish trend. This downturn suggests that the U.S. dollar is weakening against the Canadian dollar. However, despite the market's slow movement, there are indications that a...
Illuminating USD/CAD Price Move We are presently dissecting the real-time analysis of the USD/CAD currency pair's pricing. On Friday, the USD/CAD pair experienced a decline. The daily chart shows that the pair moved sideways throughout the week....
The bearish belt holding pattern is a candlestick example of the possibility of a bearish reversal in the forex market. It is usually at the end of a trend and indicates that market sentiment may be moving from trend to trend downward. Here is a...
Hello all, The New Zealand Dollar (NZD) is experiencing significant selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to stay above its key 20-day simple moving average (SMA). This crucial support level has been rejected...