The Australian dollar is one of the most intriguing currency pairs that I am monitoring at this time, and its behavior often offers ideas that can be applied to similar currencies, such as the New Zealand dollar. Recently, the Australian has...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
The pair has been trading within a green range, where selling volume was notably present. I assumed that the pair would move slightly lower, and the volume eventually pushed it out of this range. The pair reached the resistance level of 0.57533, but...
This week has seen no significant changes in the market. The prevailing trend continues to favor a downward movement, as indicated by the recent performance of currency pair quotes. Notably, the quotes have dipped below the psychological level of...
GBPCAD Analysis The daily chart of the GBPCAD currency pair shows a strong uptrend. The price action is consistently forming highs and lows within a well-defined uptrend channel. The currency pair has recently broken through the upper boundary of...
