USD/CAD Technical Analysis: Right now, USD/CAD is testing the 1.3800 resistance level, consolidating with bullish momentum. It’s been hovering here for a bit, and I’m keeping an eye out for any strong moves. Key levels I’m watching: resistance...
Forecast of USDJPY According to the USDJPY's H1 time frame chart, the RSI indicator tested the overbought level a few hours ago, which is why the USDJPY price fell in response to the price adjustment. There are higher odds that the price will rise...
Gold Technical Analysis Greetings! In this case, the technical indicator we are monitoring is currently greater than zero, which means there is potential for both upward and downward movement shortly. It indicates that gold’s price might oscillate...
The precious metal prices have experienced a slight pullback for the fourth consecutive day, dipping to a five-week low of around $2,590 during the early part of the European session on Wednesday. Despite this recent dip, the outlook for metal...
The movement originating from 1.3710 remains in effect, as the support level at 1.3605 has yet to be breached. This makes it premature to predict long-term movements once a breakthrough occurs at this support level. For traders, this means focusing...
