Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
GBP/USD Technical Analysis and Forecast Current Market Sentiment The GBP/USD market is in an uptrend and is currently trading at 1.2523. The GBP/USD market is slowly moving towards the resistance level at 1.2550 on the daily chart. If the GBP/USD...
NZD/JPY remains in a complex technical phase, where both bullish and bearish forces are battling for control. The projected movement of 66 to 93 pips is contingent on the market's ability to hold above 86.27, which serves as a pivotal level. If the...
Gold Price Activity Review The Gold pair's price action analysis will be our focus point in this discussion. Gold has demonstrated a steady upward momentum in the recent trading sessions, as observed on the hourly chart provided. The buy order was...
USD/JPY Technical Analysis: Bearish Momentum and Key Levels Overview The USD/JPY currency pair has demonstrated a strong bearish move recently, breaking through a significant support level at 153.74, which has now turned into resistance. As the...
