Technical Analysis of USD/CAD The Canadian dollar managed to find support at 1.3616 last trading week and strengthened. The price failed to break above 1.3616 and met significant resistance here, which led to a rebound and subsequent decline....
USD/CHF H-1 At the time of writing, the USD/CHF pair is witnessing a northern correction in the upper half of the chart, at 0.84988. The Instaforex indicator on this forum shows the advantage of the first buyer with a margin of 68.53%. In the...
The analysis of the USD has become increasingly complex and challenging in recent times. Previously, a clear wave pattern indicated a bearish wave set formation with a target below 1.2300. However, the rising demand for the U.S. dollar has made this...
Afternoon Analysis Update September 26, 2024 USD/JPY Analysis Until this afternoon I saw that market trading using a 4-hour time frame seemed to tend to move with a bullish trend. Market movements are likely to become more intense when the European...
GBP/USD Let's look at the D1 period chart once again - the GBPUSD currency pair. As expected earlier, the price rushed down during yesterday's trading, the wave structure is still built in an ascending order, the MACD indicator is in the upper...