USD/JPY Technical Analysis: Today, USD/JPY is hovering around 142.80 after testing key support near 142.50. From what I’m seeing, the pair is still in a downtrend, with the 50-day moving average at 143.20 acting as the immediate resistance level....
The US dollar strengthened slightly against the Canadian dollar on Friday, trading near the 1.4410 level during the Asian session. This minor appreciation comes despite a recent rise in crude oil prices, which typically boosts the Canadian dollar...
Fundamental Analysis Gold (XAU/USD), trading close to $2,630 on Friday during the Asian session, is edging down due to little trade after the Christmas holiday. Nonetheless, the safe-haven asset may find upward support as markets await clues about...
USD/ CAD Price Movement Let's discuss the recent price movements of the USD/ CAD currency pair. The quote has chosen a sideways movement within the boundaries outlined on my four-hour chart. It should be noted that the upper boundary of the current...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis, currently, the market price is fluctuating between 0.8364 resistance and 0.8309 support. The market price has reacted very violently to this resistance and support level;...