In summary, the AUDCAD pair experienced a downward correction on Monday, resulting in a candlestick that resembles a spinning top. Today, the situation appears similar as the price has fluctuated both upwards and downwards, but it remains...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price fell steadily, helping the price to pull back from the downtrend line. Struggling prices are currently well below the 50-day simple moving average,...
USD/CHF Price Forecast USD/CHF gives up intraday gains and falls back to near 0.9000 as the US Dollar struggles to hold recovery. Fed officials expect that the current monetary policy is in the right place. The SNB could opt for negative interest...
USD/CAD Trading Analysis Update Tuesday, February 18, 2025 Looking at the ongoing downward rally in the USDCAD pair, it is clear that the Loonie outlook is superior to the Greenback outlook. Last week's data results did not support the dollar index...
Technical picture: Key levels If the monthly rally continues, the 100-day simple moving average (SMA) at 0.6441 should provide interim resistance, followed by the Nov. 25 weekly high of 0.6549, all of which lies ahead of the key 200-day SMA at...
