Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
Hello. For the Euro, buyers were not allowed to consolidate above the 1.05 level, and in general, sellers can try to move the price further down along the older downward trend. The first target for the development of the fall is the 1.04238 level,...
EUR/USD H1 As of January 28, 2025, the EUR/USD currency pair is experiencing a neutral technical outlook. The current exchange rate is approximately 1.04343 USD per EUR, reflecting a 0.41% decrease over the past 24 hours. Technical...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. GBP/CAD market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...
