Analyzing Support and Resistance for the USD/CAD Pair (March 10, 2025) In the realm of forex trading, the USD/CAD currency pair currently exhibits intriguing price dynamics worth analyzing. Based on various technical references, this pair is broadly...
I believe that the USD/JPY pair is currently facing downward pressure, and I see no compelling reason for it to move north. I have already made my case regarding the Bank of Japan (BOJ) potentially raising rates by 0.5 to 1 basis point in March,...
GBPUSD Technical Analysis The GBPUSD pair is experiencing a bearish trend on the H1 timeframe, with the price currently trading around 1.28715. The market structure exhibits a series of lower highs and lower lows, confirming bearish dominance. The...
AUD/USD Australian Dollar Holds Gains, Though Downside Risks Appear Due To Global Trade Tensions The Australian dollar gained against the USD on Monday, regaining the losses of the previous two sessions. The AUD/USD currency pair appreciation was...
USD/JPY Technical Analysis The USD/JPY currency pair currently trades at 147.041, between key support levels at 146.42, 144.33, and 140.65 and resistance levels at 151.99, 154.87, and 158.90. The pair has shown strong bullish momentum, with buyers...