Technical analysis of USDCAD Today I chose USD/CAD for technical analysis; the market is currently trading below the 1.4419 resistance level in an uptrend. The market price moves up the trend line to help you push the price higher. With the help of...
Analysis of CHFJPY: Current Market Trends and Trading Strategy Overview of Market Conditions Currently, the CHFJPY currency pair is exhibiting a clear downward trend on the hourly (H1) chart. The price is situated below the moving average, a strong...
Technical Analysis of AUDJPY The AUDJPY currency pair is currently trading at 93.938, reflecting a consolidation phase within a defined range. The pair is positioned between a key resistance level at 94.515 and a support level at 92.840, indicating...
Based on current analysis, it appears that the EUR/USD currency pair is likely to experience a downward movement today. This expectation stems from the price action observed in yesterday's daily candle, which indicated a climax in buying activity on...
General Points about USDCHF The Swiss CPI rate has also strengthened the CHF to some extent, contributing to the current market movement. The market is currently trading at the 0.8911 level, which is a support level. The area has historically...
