Good evening! Thank you, and I wish you a restful evening as well. I am currently watching the EUR/USD pair as it consolidates within a narrow Murray level range between 1.0925 and 1.0986. I believe this tight corridor represents a zone of...
USD/CAD Technical Analysis – Recovery After Sell-off, But Trend Uncertain Market Overview The USD/CAD pair is currently trading around 1.42263, showing signs of recovery after a sharp drop from the recent high of 1.44152. The price had fallen to a...
I am currently observing that the USD/CAD pair is trading within an upward trend, and I consider this to be an additional argument in favor of potential growth. I acknowledge that, despite the upward trend, the pair is still trading below the moving...
The currency pair in question is currently exhibiting bearish characteristics, as it trades below its key moving averages, which generally indicates a continuation of downward pressure. The positioning below the moving averages suggests that sellers...