Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
General Points about USDCAD: We noticed that on Friday, the sellers of USD/CAD were quite strong, as the pair experienced significant downward pressure. This strength from sellers can be attributed to key factors, such as Trump's speech and the...
The USD/CAD pair experienced a slight rebound during Monday's European session, trading around 1.4350 after a four-day decline. However, the overall technical picture remains uncertain, reflecting a tug-of-war between buyers and sellers. The daily...
GBP/USD GBP/USD, D1. Level 1.2459 on the daily chart still remains very strong for the bulls, and will most likely bounce down to 1.2398. Here, there will be a test for further movement in the southern direction, which could potentially reach...
Overview of AUD and USD Exchange Rate Current Situation As of February 9, 2025, the Australian Dollar (AUD) has experienced notable fluctuations against the U.S. Dollar (USD). In January 2025, the average exchange rate was approximately 0.6226 USD...