The USDCAD H4 chart presents a well-defined trend structure, showcasing a prolonged bullish movement that led to a significant uptrend before experiencing a breakdown at the key level of 1.4290. The price previously followed a consistent upward...
EUR/USD Technical Outlook: EUR/USD has been stuck in a tight range, hovering around 1.0770–1.0780. The 200-day SMA at 1.0800 has been a tough resistance level, and unless we see a breakout, upside potential remains limited. If buyers push through,...
GBP/USD Technical Analysis: GBP/USD has been a bit mixed for me this week. It stayed around 1.26 after failing to break the key resistance at 1.2650. The 50-day SMA is acting as resistance, while 1.2500 provides support, with the 200-day SMA...
At the time of writing, the NZD/USD currency pair on the H1 chart is undergoing a northern correction and is positioned at 0.56556. The InstaForex indicator on the forum suggests mixed signals: the first part indicates a buyer advantage at 63.52%,...
XRP/USD Price Action: What’s Driving the Market Today(February 9,2025)? Regulatory Uncertainty Keeping Traders Cautious The ongoing legal battle involving Ripple has been a major source of price swings. A previous ruling favored Ripple by stating...
