Technical and Fundamental Analysis of the USD/CAD Pair The USD/CAD currency pair traded slightly higher near the 1.3590 region during Friday’s session after recovering modestly from earlier lows around 1.3560. Despite the intraday rebound, the pair...
USDJPY Intraday Forecast: We discussed the current price valuation of the USD/JPY pair. Yesterday, the pair fell to 157.096 and was expected to likely fall to 155.906 unless a breakout occurred. However, the pair failed to break through 156.076 and...
Technical analysis of EURUSD EUR/USD on the 1H timeframe is currently undergoing a corrective pullback after a strong bullish impulsive move that shifted market structure from bearish to bullish. The pair previously broke out of a descending channel...
Here is a combined technical and fundamental analysis of USD/JPY on the weekly (W1) timeframe, based on the provided price data, followed by a trade setup. Analysis: On the weekly chart, USD/JPY has been oscillating within a broad range roughly...
EURUSD Trend Outlook: Today, we will analyze the price movement of the EUR/USD pair. The resistance line along the upper end of the triangle pattern on the weekly EUR/USD chart has likely been broken by buyers recently, but the lower boundary of the...