Technical analysis of USDCAD The USDCAD pair has resumed trading at 1.4226 following a two-day market closure due to holidays. The current price action suggests a cautious stance among traders as they assess broader macroeconomic factors, including...
Market Overview Of USD/CHF The USD/CHF has experienced significant downside pressure over the past several sessions, most notably between April 2nd and April 4th. This decline took the price from a local high near 0.88552 down to a low of 0.84510,...
I see that the new trading week has clearly demonstrated the strength of the market, particularly in the GBP/USD pair. I observed that the price movement continues to show elevated activity, maintaining strong momentum. I remember how last week the...
General Points about NZDUSD: The NZDUSD market has exhibited significant bearish dynamics recently, especially after breaking below the 0.5565 level, which signaled persistent selling pressure. Therefore, it is reasonable to anticipate further...
GBP/JPY Market Overview The GBP/JPY has been on a clear downward trend since peaking near the 195.980 mark. Recent price action shows a series of lower highs and lower lows, confirming bearish control. The current price is around 188.284, which is...