The Canadian Dollar (CAD) has entered a consolidation phase after a three-day rally against the US Dollar (USD), which saw the USD/CAD pair retreat from six-month highs near 1.4170 to lows below the 1.3850 level. Much of the recent Loonie strength...
The Swiss franc (CHF) has recently seen a sharp appreciation, particularly against the euro, driven largely by a flight to safety following the announcement of reciprocal tariffs by the US. As geopolitical tensions rose, investors poured into...
Technical analysis on the GBP/USD pair. The basis of TA - support and resistance levels, RSI and AO indicators. The pair continues to rise, but it seems that there is not much left. Ahead, very close, there is a strong resistance level, from which...
The USD/JPY currency pair has recently witnessed significant technical developments, as the price managed to break the neckline of a Head and Shoulders pattern on the medium-term timeframe. This indicates a potential shift in trend from bullish to...
I am currently observing the NZD/USD pair through the lens of the LRMA BB indicator, which has clearly defined the upper boundary at 0.59143 and the lower boundary at 0.58465. I see the moving average positioned at 0.58804, acting as the central...