The CAD managed to hold below the 1.4450 level through the close, maintaining the potential for a 1.4460 double-top formation on the charts. If this pattern plays out, it could drive the USD/CAD pair lower toward the 1.4321 zone in the coming...
The AUDUSD trading pair that was active last Friday remains in a downward trend. This is due to sellers successfully maintaining their control by pushing the price lower from the resistance zone between 0. 6236 and 0. 6235, while buyers have not...
USD/CAD Trend Direction Waves: The USDCAD currency pair is experiencing a strong upward trend, with the current trading value on the Ichimoku Cloud indicating significant momentum. The market is producing increasingly higher peaks and lower troughs,...
USDJPY Technical Analysis USDJPY has been in a strong uptrend, with price consistently making higher highs and higher lows. The market has shown significant bullish momentum, supported by a steep incline. The 150-period moving average is...
The GBP/USD pair experienced a notable surge on Wednesday, reaching a 10-week high and surpassing the 1.2700 level for the first time since mid-December. This bullish momentum was primarily driven by a perceived lack of negative news, coupled with...
