USD/CAD Analysis The USD/CAD currency pair is currently trading between 1.3745 and 1.3590, with significant resistance and minor support levels. The strike price is near a minor support level, which it has previously tested and rejected. The market...
NZDUSD Analysisotential for Correction On Monday, NZDUSD was indeed facing a decline. At the time when the candle was dropping, it had penetrated its lowest support at a price of 0.6056. However, NZDUSD started to rise again when the candle reached...
The pair experienced a significant surge, climbing above the 161.90 mark on Thursday, driven by last week's unexpectedly robust employment data. The anticipation of high inflation in May, with data set to be released on Wednesday, has also...
For the movement of the GBP/USD currency pair today, based on my technical analysis, there is still a tendency for it to be corrected down to a price of 1.26400. This is because in the H1 time frame the movement of the GBPUSD currency pair has...
Last week, the Gold market formed a range of about 200 pips, which is relatively small for Gold. Given the year-end period, significant price movements are unlikely, and the market will probably move sideways this week. Consequently, there are fewer...