Welcome on my usdcad analysis I analyze the technical picture for the US dollar/Canadian dollar pair and note that it remains within a broad range, fluctuating between the 1.42-1.43 and 1.44-1.45 levels. I see that the boundaries have been tested...
The GBP/USD pair demonstrates a bearish trend, with the potential to decline by 26 to 51 pips, guided by a pivotal resistance at 1.2350. As long as the price remains below this level, the market favors short positions, targeting significant support...
The AUD/USD outlook reflects a predominantly bearish sentiment, with expectations of a decline ranging from 17 to 32 pips. This sentiment is grounded in the 0.6295 pivot point, a decisive level for shaping trading strategies. Short positions below...
The value of the British Pound against the Japanese Yen experienced a significant rise, which impacted my trading plan. Previously, I had developed a strategy based on price movements that tended to be stable. However, the price increase, which...
•••AUD/USD: The Aussie’s Dance with the Dollar Today(January 23,2025)••• ••Economic Forces in Play • Australia’s economy is under a magnifying glass as speculation grows over a possible interest rate cut by the Reserve Bank of Australia. A...
