Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
The GBP/USD pair on the hourly chart shows a recent upward trend after a prolonged period of decline. The price has been moving steadily higher, following a series of higher highs and higher lows. However, after reaching the 1.2445 level, the...
The NZD/USD currency pair is currently trading at 0.5667, with the Relative Strength Index (RSI) slightly below the 70 level, indicating that the market is exiting the overbought zone but still retains bullish momentum. The price has recently broken...
EUR/JPY Latest Analysis Technical Analysis EUR/JPY is currently trading within a bullish channel, indicating further potential for upward movement. However, the resistance level at 145.00 has proven to be quite strong, with prices frequently pulling...
