The current price of 1.4190 is situated below the Daily Moving Average, indicating a bearish sentiment in the market for the USDCAD currency pair. This aligns with the ongoing bearish trend, which suggests that sellers are in control and that the...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY market price is currently between the 152.75 resistance and 150.96 support level, the market price broke out of this range and the current support level was broken....
The USD/ CAD currency brace displayed a period of stability around the 1.4310 price position during Friday's Asian trading session. A specialized analysis of the diurnal map reveals a degree of query among both buyers and merchandisers regarding the...
have consistently avoided buying USD/CAD since the pair consolidated above 1.3978, focusing solely on potential selling opportunities. I recognize the pair’s volatile nature, which has required careful monitoring of strong technical levels and...
Gold (XAU/USD) continues to show a bullish trend as it approaches historical highs once again. However, despite this upward movement, the asset has yet to successfully break through these significant resistance levels. Given the current market...
