Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market is rising, which is helping the price, which is currently at the trend line, to rise. The market price encountered some resistance and found support at 1.7979 and...
EUR/USD Technical Analysis: Today, EUR/USD is hovering around 1.1020, showing mild bullish momentum. Key support levels I’m watching are 1.1000 and 1.0970, while resistance stands at 1.1050 and 1.1085. Looking at the indicators: The pair is...
Russia has started using Bitcoin in foreign trade Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in...
USD/JPY Technical Analysis: The USD/JPY is currently consolidating, with key support at 137.00 and resistance at 138.50. Recently, the pair has been forming higher lows, suggesting a bullish medium-term outlook. The Relative Strength Index (RSI)...
The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
