The AUD/USD pair continues to exhibit strong bearish characteristics as selling momentum persists below the 0.6170 resistance level. Despite occasional attempts at recovery, the pair remains trapped in a downward trajectory, weighed down by a...
Forecast of GBPUSD One of the currency pairs that began in a gap today was the GBPUSD, which opened in a bearish gap. The gap opening was rather large, but I did not see any more bearish movement after that because the GBPUSD conducted a range...
The USD/CAD currency pair remains in a technically significant zone, consolidating near the pivotal support level of 1.4625. This level has acted as a critical inflection point in recent trading sessions, dictating the short-term market bias. From a...
USDCAD Technical Analysis From a technical perspective, yesterday's USD/CAD pair movement was strong before reversing with a notable bearish shift. Traders who managed to capture the move effectively secured significant profits as the price...
USDJPY USDJPY outlook: The USD/JPY pair continues to show strength due to divergent monetary policies between the Federal Reserve and the Bank of Japan. The Federal Reserve has maintained a hawkish stance, raising interest rates to manage...
