Technical Analysis of the USDCAD Pair A new price peak is now being formed on the 4-hour chart for the pair, as the price began to move sideways after reaching the channel lines that were previously broken downwards during this week. The price...
The pair continued to slide during European trading hours, even as the Euro showed resilience against its main peers. Concerns over Eurozone economic growth intensified with the unexpected contraction in the flash HCOB Composite data, which fell to...
EUR / JPY: An hourly Recommendation The market of EURJPY is at the 162.68 level, and the bulls are losing momentum today. The bears, or sellers, may remain stable and push the market towards the support level of 162.42 soon. This signals a shift...
On the EUR/USD daily chart, we are closely observing the pair's price movements, which have been firmly in a bearish trend. Recent sessions indicate a steady downward momentum, suggesting that sellers are firmly in control. This bearish trajectory...
Diurnal time frame map outlook The price of the NZDUSD was moving in an thrusting channel on the diurnal time frame map, and it stayed there for a considerable quantum of time. I've included a illustration of this thrusting channel to help dealers...